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Ganesha Ecosphere zooms as its arm receives order from Moon Beverages

Aug-07-2023   10:52 Hrs IST

Ganesha Ecosphere is currently trading at Rs. 1075.60, up by 82.65 points or 8.32% from its previous closing of Rs. 992.95 on the BSE.

The scrip opened at Rs. 1070.95 and has touched a high and low of Rs. 1097.80 and Rs. 1040.00 respectively. So far 8066 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1158.95 on 11-May-2023 and a 52 week low of Rs. 592.00 on 23-Aug-2022.

Last one week high and low of the scrip stood at Rs. 1097.80 and Rs. 951.95 respectively. The current market cap of the company is Rs. 2370.35 crore.

The promoters holding in the company stood at 42.31%, while Institutions and Non-Institutions held 20.28% and 37.41% respectively.

Ganesha Ecosphere’s wholly owned subsidiary -- Ganesha Ecopet has received an order on August 4, 2023 from Moon Beverages for Supply of Recycle Resin -PET Chips (rPET). The said order is expected to be completed within 3 months. 

Ganesha Ecosphere is a leading PET Bottle Recycler engaged in the recycling of PET plastic bottle waste to polyster spun yarn, rPET fiber and rPET yarn.