Create stable, long-term investment portfolio with strong, consistent stocks.
Start Research-backed Investing ...Now.
Balaji Amines is currently trading at Rs. 3777.00, up by 96.85 points or 2.63% from its previous closing of Rs. 3680.15 on the BSE.
The scrip opened at Rs. 3750.00 and has touched a high and low of Rs. 3841.85 and Rs. 3750.00 respectively. So far 18243 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 5220.00 on 15-Sep-2021 and a 52 week low of Rs. 2680.05 on 07-Mar-2022.
Last one week high and low of the scrip stood at Rs. 3841.85 and Rs. 3576.70 respectively. The current market cap of the company is Rs. 12379.29 crore.
The promoters holding in the company stood at 53.70%, while Institutions and Non-Institutions held 4.69% and 41.61% respectively.
Balaji Amines has completed Phase 1 of Greenfield Project (Unit IV) and the Di-methyl Carbonate (DMC)/Propylene Carbonate (PC) and PG Plant will be ready to commence commercial production by the end of September 2022. This is estimated to result in annual production capacity of 15,000 tons of DMC/ PC and 15,000 tons Propylene Glycol (PG). This will also provide a strategic advantage of being the sole manufacturer of Di-methyl Carbonate (DMC) and Propylene Carbonate (PC) in India. In the first year of operations, the company is confident of achieving capacity utilization of 60-70% at the DMC/PC and PG plant.
In addition to commencement of the installed capacity, the company has also started construction in Phase 2 of Greenfield Project (Unit IV) for below 2 plants. The Environmental Clearance for the same has been received well in advance. The company expects to start operations at these state-of-the-art manufacturing facilities around the closure of this current financial year.
Balaji Amines (BAL) incorporated in 1988; is engaged in manufacturing of methylamines, ethylamines, derivatives of specialty chemicals and natural products. The company was set up to cater to the growing requirements of value based Specialty Chemicals.
| Company Name | CMP |
|---|---|
| Tata Chemicals | 1085.80 |
| SRF | 2589.15 |
| Pidilite Inds. | 2970.00 |
| Aarti Inds | 737.25 |
| Gujarat Fluorochemic | 3578.00 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Download APP
