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Manorama Industries jumps on getting nod to incorporate wholly owned subsidiary in Chad

10 Jul 2026 Evaluate

Manorama Industries is currently trading at Rs. 1606.70, up by 26.85 points or 1.70% from its previous closing of Rs. 1579.85 on the BSE.

The scrip opened at Rs. 1583.00 and has touched a high and low of Rs. 1624.00 and Rs. 1583.00 respectively. So far 7258 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1774.00 on 28-Jul-2025 and a 52 week low of Rs. 1064.50 on 22-Jan-2026.

Last one week high and low of the scrip stood at Rs. 1,624.00 and Rs. 1502.35 respectively. The current market cap of the company is Rs. 10,139.87 crore.

The promoters holding in the company stood at 54.32%, while Institutions and Non-Institutions held 5.85% and 39.83% respectively.

Manorama Industries has received approval for incorporation of wholly owned subsidiary company in the country ‘Chad’. The objective of the incorporation is to buy, process, and sell shea nuts/butter, and other materials.

The Board of Directors of the Company at their meeting held on July 09, 2026, has approved the same.

Manorama Industries is one of the leading manufacturers of Sal/Mango based specialty fat, which is used to manufacture Cocoa Butter Equivalent (CBE), which in turn is used as an important ingredient in Chocolate, Cosmetic & Healthcare Industries.

Manorama Industries Share Price

1577.25 -51.30 (-3.15%)
14-Jul-2026 16:59 View Price Chart
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