Bodal Chemicals rises on completing technology upgradations of Rajpura Unit in Punjab
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Bodal Chemicals is currently trading at Rs. 83.15, up by 0.30 points or 0.36% from its previous closing of Rs. 82.85 on the BSE.
The scrip opened at Rs. 84.00 and has touched a high and low of Rs. 84.00 and Rs. 82.35 respectively. So far 12591 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 144.65 on 18-Oct-2021 and a 52 week low of Rs. 76.00 on 20-Jun-2022.
Last one week high and low of the scrip stood at Rs. 87.40 and Rs. 82.55 respectively. The current market cap of the company is Rs. 1016.79 crore.
The promoters holding in the company stood at 58.86%, while Institutions and Non-Institutions held 3.26% and 37.87% respectively.
Bodal Chemicals has successfully completed the technology upgradation of Rajpura Unit in Punjab. With this technology upgradation, the company will be able to serve incremental demand for Caustic Soda and reduce overall energy cost. The demand for Caustic Soda was healthy over the last few years, especially in Home Care, Textile, & Paper industries. This upgradation will lay the foundation for the company's next phase of growth and will enhance its market position in the Chlor-alkali chemicals.
Bodal Chemicals is an Integrated and Innovative company, offering end-to-end solution to its customers globally.
