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BOC India advances on commissioning production at 418 tpd ASU in Orissa

02 Dec 2011

BOC India is currently trading at Rs. 280.00, up by 0.85 points or 0.30% from its previous closing of Rs. 279.15 on the BSE.

The scrip opened at Rs. 279.00 and has touched a high and low of Rs. 283.25 and Rs. 275.00 respectively. So far 1501 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 366.40 on 03-Jan-2011 and a 52 week low of Rs. 222.00 on 09-Feb-2011.

Last one week high and low of the scrip stood at Rs. 284.90 and Rs. 275.00 respectively. The current market cap of the company is Rs. 2380.71 crore.

The promoters holding in the company stood at 89.48% while Institutions and Non-Institutions held 1.02% and 9.51% respectively.

BOC India has commissioned its 418 tonnes per day Air Separation Unit (ASU) at Jindal Stainless’ works in Kalinganagar Industrial Complex in Orissa. This ASU primarily meet the gases requirements of Jindal Stainless as well as VISA Steel and also produce liquid products to meet the merchant demand in and around Kalinganagar.

BOC India is engaged in manufacturing of industrial gases and undertaking engineering projects. The company owns one of the Asia’s largest air separation units. The company owns more than 20 manufacturing units, 40 warehouses and depots, 100 dealers and more than 100 dedicated tankers in the distribution fleet. 

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