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Meghmani Organics gains on commencing backward integrated Multi Product Plant in Dahej

09 Nov 2022 Evaluate

Meghmani Organics is currently trading at Rs. 116.75, up by 0.25 points or 0.21% from its previous closing of Rs. 116.50 on the BSE.

The scrip opened at Rs. 115.80 and has touched a high and low of Rs. 119.70 and Rs. 115.80 respectively. So far 53380 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 152.50 on 04-May-2022 and a 52 week low of Rs. 80.75 on 24-Nov-2021.

Last one week high and low of the scrip stood at Rs. 119.70 and Rs. 108.10 respectively. The current market cap of the company is Rs. 2978.02 crore.

The promoters holding in the company stood at 49.37%, while Institutions and Non-Institutions held 1.77% and 48.87% respectively.

Meghmani Organics has commenced backward integrated Multi Product Plant situated at Dahej, Gujarat on November 9, 2022 to manufacture high value insecticides. This initiative is in line with Atmanirbhar Bharat initiative by Government of India and is in continuation to its strategic decision to meet growing agrochemical demand in domestic and Global market. The total capacity of this Plant will be 5000 TPA and total turnover of this Plant will be Rs 600 crore plus on full year of operation.

Meghmani Organics is into the manufacture of Pigments and Agrochemicals in India and have a focus on delivering quality products backed by Research and Development efforts.

Meghmani Organics Share Price

52.48 -1.16 (-2.16%)
20-Apr-2026 16:59 View Price Chart
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