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Diamines and Chemicals trades jubilantly on getting environment clearance for expansion

10 Jan 2022 Evaluate

Diamines and Chemicals is currently trading at Rs. 288.00, up by 36.35 points or 14.44% from its previous closing of Rs. 251.65 on the BSE.

The scrip opened at Rs. 261.05 and has touched a high and low of Rs. 288.50 and Rs. 261.05 respectively. So far 37125 shares were traded on the counter.

The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 397.90 on 11-Jan-2021 and a 52 week low of Rs. 229.00 on 30-Nov-2021.

Last one week high and low of the scrip stood at Rs. 288.50 and Rs. 249.00 respectively. The current market cap of the company is Rs. 273.69 crore.

The promoters holding in the company stood at 54.37%, while Institutions and Non-Institutions held 0.04% and 45.60% respectively.

Diamines and Chemicals has received a letter dated December 28, 2021 from the State Level Environment Impact Assessment Authority (SEIAA) on January 8, 2022 for Environment Clearance (EC) for setting up expansion in manufacturing plant of 'Synthetic Organic Chemicals' at PCC Area, P.O. Petrochemicals, Vadodara. Considering EC as a primary permission to manufacture new products and will contribute to increase in total production capacity.

Diamines and Chemicals has been the sole manufacturer of ethylene amines in Indian subcontinent.

Diamines & Chemicals Share Price

265.05 -0.65 (-0.24%)
17-Apr-2026 16:59 View Price Chart
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