Gujarat Fluorochemicals trades in green on BSE

31 Jan 2013

Gujarat Fluorochemicals is currently trading at Rs 289.70, up by 4.90 points or 1.72% from its previous closing of Rs. 284.80 on the BSE.

The scrip opened at Rs 281.40 and has touched a high and low of Rs 295.55 and Rs 270.00 respectively. So far 26986 shares were traded on the counter.

The BSE group 'A' stock of face value Re 1 has touched a 52 week high of Rs 542.20 on 02-Apr-2012 and a 52 week low of Rs. 275.00 on 25-Jan-2013.

Last one week high and low of the scrip stood at Rs 314.00 and Rs 275.00 respectively. The current market cap of the company is Rs 3177.96 crore.

The promoters holding in the company stood at 70.03% while Institutions and Non-Institutions held 6.97% and 23.00% respectively.

Gujarat Fluorochemicals has reported results for third quarter ended December 31, 2012.

The company has reported 67.26% fall in its net profit at Rs 71.69 crore for the quarter as compared to Rs 218.98 crore for the same quarter in the previous year. Total income of the company has decreased by 35.40% at Rs 377.28 crore for quarter under review as compared to Rs 584.04 crore for the quarter ended December 31, 2011.

Gujarat Fluorochemicals, part of the $2 billion INOX group of companies, is engaged in manufacturing of chloro-fluorocarbon refrigerant gases and hydrous hydrofluoric acid. The INOX group has interests in areas of industrial gases, refrigerants, chemicals, carbon credits, cryogenic engineering, renewable energy and entertainment.

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