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Aditya Birla Chemicals gains on commencing production of Brown field project

07 Mar 2013 Evaluate

Aditya Birla Chemicals (India) is currently trading at Rs 87.00, up by 2.80 points or 3.33% from its previous closing of Rs 84.20 on the BSE.

The scrip opened at Rs 87.95 and has touched a high and low of Rs 88.90 and Rs 87.00 respectively. So far 161 shares were traded on the counter.

The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 116.20 on 13-Dec-2012 and a 52 week low of Rs 62.75 on 25-Jun-2012.

Last one week high and low of the scrip stood at Rs 87.50 and Rs 82.00 respectively. The current market cap of the company is Rs 207.91 crore.

The promoters holding in the company stood at 56.31% while Institutions and Non-Institutions held 18.71% and 24.97% respectively.

 Aditya Birla Chemicals (India) has commissioned and commenced commercial production of its Brown field project at Renukoot (U.P.) having a capacity to manufacture 145 MT per day of Caustic Soda. The Company has incorporated latest state of art energy efficient and environment friendly membrane cell technology.

Aditya Birla Chemicals (India) is one of the leading chlor-alkali manufacturing companies in India and is part of the chemicals business of the Aditya Birla group.

Peers
Company Name CMP
BASF India 3653.10
Tata Chemicals 704.05
SRF 2464.40
Pidilite Inds. 1390.15
Deepak Nitrite 1537.20
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