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Maximus International is currently trading at Rs. 341.85, up by 8.30 points or 2.49% from its previous closing of Rs. 333.55 on the BSE.

The scrip opened at Rs. 340.00 and has touched a high and low of Rs. 341.85 and Rs. 339.75 respectively. So far 25510 shares were traded on the counter.

The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 341.85 on 05-Sep-2022 and a 52 week low of Rs. 86.25 on 09-May-2022.

Last one week high and low of the scrip stood at Rs. 341.85 and Rs. 299.00 respectively. The current market cap of the company is Rs. 429.77 crore.

The promoters holding in the company stood at 63.63% and Non-Institutions held 36.37%.

Maximus International’s wholly owned subsidiary -- Maximus Global FZE (MGF) has entered into a long-term (3 years) supply arrangement of around 5 million litres (around Rs 55 crore as per current pricing) of bulk white oils and base oils with one of its larger customers namely Neo Lubritech FZ-LLC (NLFL), UAE. NLFL has been a distributor and wholesaler for MGF in the Middle East and North Africa (MENA) region for various bulk petroleum products. MGF and NLFL have been associated with each other in this business for over 3 years and enjoy a strong working relationship in the MENA region. NLFL plans to further add other key petroleum products, supplied by MGF, in the coming years to grow its business and sales. The company is confident that this association will scale further heights and would enable MGF become a Major Player in this market. Such an arrangement will also fuel the growth strategy of Maximus Group, which was unveiled few weeks ago.

Maximus International is primarily engaged in the business of importing and exporting lubricant oils, different types of base oils and other chemical products used mainly in the Automobile Industry, Power Industry and Metal manufacturing among others.