Camphor & Allied Products shines on entering into agreement with Agan Aroma & Fine Chemicals

27 Dec 2012

Camphor & Allied Products is currently trading at Rs. 152.00, up by 1.50 points or 1.00 % from its previous closing of Rs. 150.50 on the BSE.

The scrip opened at Rs. 150.50 and has touched a high and low of Rs. 155.80 and Rs. 150.50 respectively.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 185.00 and a 52 week low of Rs. 85.15.

Last one week high and low of the scrip stood at Rs. 157.95 and Rs. 148.45 respectively. The current market cap of the company is Rs. 78.00 crore.

The promoters holding in the company stood at 57.66% while Institutions and Non-Institutions held 0.06% and 42.27% respectively.

Camphor & Allied Products (CAPL) has entered into an agreement with Agan Aroma & Fine Chemicals. Pursuant to which, CAPL will produce Astromusk at their new plant at Vadodara and Agan Aroma will market the partnership's products to manufacturers of fragrances throughout the world. The aforesaid agreement was signed by CAPL on December 24, 2012.

The collaboration will leverage Agan Aroma's 30 years of technical expertise and reputation for providing high-quality fragrance products together with the CATT's live decades of strong manufacturing capabilities and proximity to fast-growing Asian markets.

Camphor & Allied Products is India’s largest manufacturers of variety of terpene chemicals and other speciality aroma chemicals. Its vast product range includes synthetic camphor, terpineols, pine oils, resins, astrolide, dihydromyrcenol, and several other chemicals finding applications in vast array of industries ranging from flavours & fragrances, pharmaceuticals, soaps & cosmetics, rubber & tyre, paints & varnishes and many more.

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