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Aarti Industries rises on restarting manufacturing activities at Vapi

15 Jan 2014 Evaluate

Aarti Industries is currently trading at Rs. 98.80, up by 2.35 points or 2.44 % from its previous closing of Rs. 96.45 on the BSE.

The scrip opened at Rs. 99.00 and has touched a high and low of Rs. 100.00 and Rs. 96.30 respectively. So far 1546 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 106.80 on 09-Jan-2014 and a 52 week low of Rs. 62.00 on 28-Aug-2013.

Last one week high and low of the scrip stood at Rs. 106.80 and Rs. 95.00 respectively. The current market cap of the company is Rs. 854.47 crore.

The promoters holding in the company stood at 60.46 % while Institutions and Non-Institutions held 7.69 % and 31.84 % respectively.

Aarti Industries (AIL), a leading manufacturer and exporter of Chemicals and Pharmaceuticals, has received notice from Gujarat Pollution Control Board (GPCB) to restart/commence the manufacturing activities at two of the various plant locations at Vapi, viz. Alchemie Organic Division and Aarti Fertilizers divisions. On receipt of such order commercial operation/production in company’s division has commenced with effect from January 14, 2014.

The company had earlier received notice from GPCB for closure of manufacturing activities at two of the various plant locations at Vapi, viz. Alchemie Organic Division and Aarti Fertilizers divisions, from January 01, 2014.

On account of this, operating profit for the quarter ended March, 2014 would be affected by approximately Rs 3.5 to 4 crore.

Aarti Industries Share Price

495.20 -4.60 (-0.92%)
22-Jul-2026 16:59 View Price Chart
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