Rossari Biotech is currently trading at Rs. 1499.95, up by 7.95 points or 0.53% from its previous closing of Rs. 1492.00 on the BSE.
The scrip opened at Rs. 1533.95 and has touched a high and low of Rs. 1533.95 and Rs. 1493.75 respectively. So far 2053 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 1591.80 on 15-Sep-2021 and a 52 week low of Rs. 750.00 on 13-Oct-2020.
Last one week high and low of the scrip stood at Rs. 1541.90 and Rs. 1432.65 respectively. The current market cap of the company is Rs. 8249.65 crore.
The promoters holding in the company stood at 68.70%, while Institutions and Non-Institutions held 21.42% and 9.88% respectively.
Rossari Biotech is eyeing to close FY'22 with at least 50 per cent growth in both topline and bottomline on the back of rising demand and a substantial price hike that will help boost margins.
Apart from being the largest textile specialty chemical manufacturer, Rossari is also a leading supplier of specialty chemicals to the animal and poultry feed industry, and FMCG companies and is present in 17 overseas markets like including Bangladesh, Vietnam and Mauritius.
Rossari Biotech is a specialty chemical manufacturing firm with focus on home and personal care, performance chemicals, textile specialty chemicals and animal health and nutrition products. Apart from India, it has operations in 17 countries including Vietnam, Bangladesh and Mauritius.
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