Apcotex Industries trades in green on the BSE

09 Dec 2011

Apcotex Industries is currently trading at Rs. 144.15, up by 0.35 points or 0.24% from its previous closing of Rs. 143.80 on the BSE.

The scrip opened at Rs. 144.05 and has touched a high and low of Rs. 144.15 and Rs. 139.50 respectively. So far 218 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 194.45 on 14-Oct-2011 and a 52 week low of Rs. 121.05 on 10-Feb-2011.

Last one week high and low of the scrip stood at Rs. 155.10 and Rs. 139.50 respectively. The current market cap of the company is Rs. 74.55 crore.

The promoters holding in the company stood at 57.50% while Institutions and Non-Institutions held 0.02% and 42.47% respectively.

ICRA has suspended ‘BBB+’ and ‘A2+’ rating assigned to Apcotex Industries’ Rs 14.0 crore long term fund based facilities and Rs 5.0 crore short term non-fund based facilities respectively. The suspension follows ICRA’s inability to carry out a rating surveillance in the absence of the requisite information from the company.

With basic engineering and process know-how from Chemische Werke Huls (CWH) Germany, Apcotex pioneered the production of Vinyl Pyridine Latex, an important raw material for the tyre industry, in India.

Related Apcotex Industries Ltd. Links:

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SEBI Registered: Investment Adviser - INA000013323