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Gujarat Fluorochemicals rises as its arm incorporates Wholly-owned Subsidiary in Hamburg

12 Sep 2024 Evaluate

Gujarat Fluorochemicals is currently trading at Rs. 4075.05, up by 42.90 points or 1.06% from its previous closing of Rs. 4032.15 on the BSE.

The scrip opened at Rs. 4065.30 and has touched a high and low of Rs. 4117.20 and Rs. 4047.80 respectively. So far 922 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 4,117.20 on 12-Sep-2024 and a 52 week low of Rs. 2480.00 on 04-Jun-2024.

Last one week high and low of the scrip stood at Rs. 4117.20 and Rs. 3524.00 respectively. The current market cap of the company is Rs. 44293.17 crore.

The promoters holding in the company stood at 62.58%, while Institutions and Non-Institutions held 14.80% and 22.62% respectively.

Gujarat Fluorochemicals’ Wholly-owned Subsidiary -- GFCL EV Products has incorporated its Wholly-owned Subsidiary Company in Hamburg, Germany namely ‘GFCL EV Products GmbH’ on September 10, 2024 for import and export, processing, distribution, marketing and storage of polymers and organic and inorganic compounds for catering to the needs of EV and ESS battery chemical segment/s.

Gujarat Fluorochemicals is engaged in manufacturing and trading of refrigerant gases, caustic soda, chloromethane, polytetrafluoroethylene (PTFE), fluoropolymers, fluoromonomers, specialty fluorointermediates, specialty chemicals and allied activities.


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