Diamines and Chemicals zooms on getting environment clearance from MoEFCC
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Diamines & Chemicals is currently trading at Rs. 502.00, up by 17.95 points or 3.71% from its previous closing of Rs. 484.05 on the BSE.
The scrip opened at Rs. 479.00 and has touched a high and low of Rs. 519.80 and Rs. 473.55 respectively. So far 23797 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 598.00 on 30-Nov-2022 and a 52 week low of Rs. 252.00 on 21-Jun-2022.
Last one week high and low of the scrip stood at Rs. 519.80 and Rs. 470.00 respectively. The current market cap of the company is Rs. 489.26 crore.
The promoters holding in the company stood at 54.63%, while Institutions and Non-Institutions held 0.14% and 45.22% respectively.
Diamines and Chemicals has received a letter from Ministry of Environment, Forest and Climate Change (MoEFCC) on April 26, 2023 for Environment Clearance for setting up Proposed Expansion of Synthetic Organic Chemicals in existing manufacturing unit of the company at Plot No. 13, PCC Area, P.O. Petrochemicals, Vadodara.
Diamines and Chemicals has been the sole manufacturer of Ethyleneamines in Indian subcontinent for more than two decades.
