Privi Speciality Chemicals is currently trading at Rs. 1576.70, up by 244.85 points or 18.38% from its previous closing of Rs. 1331.85 on the BSE.
The scrip opened at Rs. 1398.00 and has touched a high and low of Rs. 1598.20 and Rs. 1375.80 respectively. So far 69585 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1428.25 on 05-Jul-2021 and a 52 week low of Rs. 505.00 on 01-Sep-2020.
Last one week high and low of the scrip stood at Rs. 1389.00 and Rs. 1294.40 respectively. The current market cap of the company is Rs. 5828.35 crore.
The promoters holding in the company stood at 74.06%, while Institutions and Non-Institutions held 2.60% and 23.34% respectively.
Privi Speciality Chemicals (PSCL) has signed a joint venture agreement with Givaudan SA, to set up a new greenfield production facility which will be built in Mahad, where company’s main manufacturing plants are located. The facility will have state of the art manufacturing equipment tailor made to manufacture small-volume fragrance ingredients of medium to high complexity, also known as specialty ingredients. The Joint Venture has been approved by the Board of Directors in a meeting held on July 29, 2021. The company will hold 51% of the equity capital of the Joint Venture Company.
Privi Speciality Chemicals is an Indian owned and controlled company engaged in the business of development, manufacture, processing, sale, supply and export of aroma chemicals (including research and development of organic aroma chemicals) which are used mainly in the flavour and fragrance industry.
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