Fineotex Chemical is currently trading at Rs. 129.80, up by 0.85 points or 0.66% from its previous closing of Rs. 128.95 on the BSE.
The scrip opened at Rs. 129.00 and has touched a high and low of Rs. 131.25 and Rs. 128.90 respectively. So far 37307 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 146.10 on 16-Sep-2021 and a 52 week low of Rs. 33.40 on 11-Nov-2020.
Last one week high and low of the scrip stood at Rs. 133.40 and Rs. 123.80 respectively. The current market cap of the company is Rs. 1432.53 crore.
The promoters holding in the company stood at 64.82%, while Institutions and Non-Institutions held 7.62% and 27.55% respectively.
Fineotex Chemical has commenced commercial production at new Ambernath plant (near Mumbai), Maharashtra from November 9, 2021. This facility is a state-of-the-art automated unit which will comply with the highest standards of sustainability. It will boost growth by providing an additional planned capacity of 36,000 MT, catering to company’s existing textile specialities segment and the new fast-growing health and hygiene and oil drilling specialities segments.
Fineotex Chemical manufactures specialty chemicals consumed by textile and garment industry, leather, construction, adhesives paper, water treatment, agrochemicals, paint and other industries.
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