Gulshan Polyols gains on inking contract with Meghna Pulp & Paper Mills
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Gulshan Polyols is currently trading at Rs. 285.65, up by 2.10 points or 0.74% from its previous closing of Rs. 283.55 on the BSE.
The scrip opened at Rs. 298.70 and has touched a high and low of Rs. 298.90 and Rs. 282.50 respectively. So far 1498 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 429.00 on 19-Jan-2022 and a 52 week low of Rs. 150.00 on 12-May-2021.
Last one week high and low of the scrip stood at Rs. 318.35 and Rs. 281.15 respectively. The current market cap of the company is Rs. 2248.99 crore.
The promoters holding in the company stood at 64.86%, while Institutions and Non-Institutions held 4.87% and 30.26% respectively.
Gulshan Polyols has signed and executed a contract with Meghna Pulp & Paper Mills for supply of Ground calcium carbonate (GCC), GCC coating plant, vibrator Separating Machine with standard accessories including motor, conveyor panel etc and spare parts for GCC & GCC coated machine. The contract for the aforesaid supply of goods and work is equal to $27,80,000.
Gulshan Polyols is engaged in manufacturing of ‘Sorbitol-70%’. Sorbitol, a starch derivative, sweet in taste, finds wide range application, the major uses in dentrifice, cosmetic, Pharma, Vitamin-C, food products etc.
