Indo Borax & Chemicals zooms on the BSE
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Indo Borax & Chemicals is currently trading at Rs. 146.95, up by 7.15 points or 5.11% from its previous closing of Rs. 139.80 on the BSE.
The scrip opened at Rs. 142.80 and has touched a high and low of Rs. 151.00 and Rs. 142.10 respectively. So far 25284 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 203.80 on 07-Oct-2021 and a 52 week low of Rs. 95.00 on 20-Jun-2022.
Last one week high and low of the scrip stood at Rs. 151.00 and Rs. 134.65 respectively. The current market cap of the company is Rs. 474.77 crore.
The promoters holding in the company stood at 54.19%, while Institutions and Non-Institutions held 0.06% and 45.76% respectively.
Indo Borax & Chemicals is planning to install a new plant at existing plant location at Pithampur for manufacturing of Boric Acid derivatives and related products. The project will be funded by internal accruals.
Indo Borax & Chemicals is synonymous with Boric Acid and is referred to as the industry standard for many comparisons made in the industry.
