MoneyWorks4Me

Jayshree Chemicals zooms on getting nod to sell windmill in Tamil Nadu

24 Mar 2023 Evaluate

Jayshree Chemicals is currently trading at Rs. 5.75, up by 0.13 points or 2.31% from its previous closing of Rs. 5.62 on the BSE.

The scrip opened at Rs. 5.79 and has touched a high and low of Rs. 5.79 and Rs. 5.67 respectively. So far 5289 shares were traded on the counter.

The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 9.49 on 06-Sep-2022 and a 52 week low of Rs. 4.61 on 17-Jun-2022.

Last one week high and low of the scrip stood at Rs. 6.10 and Rs. 5.40 respectively. The current market cap of the company is Rs. 16.83 crore.

The promoters holding in the company stood at 46.27%, while Institutions and Non-Institutions held 0.71% and 53.02% respectively.

Jayshree Chemicals has received approval for sale of windmill of the company situated at Coimbatore, Tamil Nadu to M/s. Naruvizhi Powers on a slump sale basis for a total consideration of Rs 4.70 crore. The Board of Directors of the Company at its meeting held on March 23, 2023, approved the same. The sale/disposal is likely to be completed by April 15, 2023.

Jayshree Chemicals is engaged in the manufacturing of caustic soda, chlorine, hydrochloric acid, sodium hydrosulphite, sulphur dioxide and sulphuric acid. .The company also in the business segment of Power, Chemicals.


Peers
Company Name CMP
Godrej Industries 1092.90
SRF 2498.60
BASF India 3515.00
Pidilite Inds. 1506.40
Tata Chemicals 638.10
View more..