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Clean Science and Technology shines on commercializing plant to manufacture HALS series

18 Nov 2022 Evaluate

Clean Science And Technology is currently trading at Rs. 1535.85, up by 33.50 points or 2.23% from its previous closing of Rs. 1502.35 on the BSE.

The scrip opened at Rs. 1518.95 and has touched a high and low of Rs. 1538.55 and Rs. 1510.00 respectively. So far 5408 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 2698.25 on 04-Jan-2022 and a 52 week low of Rs. 1441.00 on 06-Jul-2022.

Last one week high and low of the scrip stood at Rs. 1538.55 and Rs. 1479.00 respectively. The current market cap of the company is Rs. 15960.60 crore.

The promoters holding in the company stood at 78.51%, while Institutions and Non-Institutions held 8.91% and 12.59% respectively.

Clean Science and Technology has commercialized a plant to manufacture and supply Hindered Amine Light Stabilizers (HALS) Series 701 and 770 with a capacity of 2,000 MTPA at unit III, Kurkumbh MIDC, Maharashtra. HALS belongs to the performance chemical segment and will cater to the domestic and international market. HALS series comprises a range of products which find application in diverse end industries including polymerization inhibitor, water treatment, paint industry, coatings industry etc.

Clean Science and Technology is among the leading companies in India to have commercialized use of environment-friendly processes to manufacture certain specialty chemicals, at global capacities.

Peers
Company Name CMP
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SRF 2530.50
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