NACL Industries moves higher as its arm starts commercial operations of Greenfield project in Gujarat
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NACL Industries is currently trading at Rs. 102.95, up by 7.10 points or 7.41% from its previous closing of Rs. 95.85 on the BSE.
The scrip opened at Rs. 95.25 and has touched a high and low of Rs. 104.00 and Rs. 95.25 respectively. So far 129767 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 104.65 on 18-Jan-2022 and a 52 week low of Rs. 70.00 on 30-May-2022.
Last one week high and low of the scrip stood at Rs. 104.00 and Rs. 78.05 respectively. The current market cap of the company is Rs. 1949.19 crore.
The promoters holding in the company stood at 63.97%, while Institutions and Non-Institutions held 1.87% and 34.16% respectively.
NACL Industries’ wholly owned subsidiary -- NACL Spec-Chem has successfully commenced its commercial operations of the Greenfield project (i.e. first phase of the Project with capacity of 6000 MT per annum) at Industrial Plot No D-2/ 11/B/3/2, GIDC Estate, Dahej-II Industrial Area, Bharuch, Gujarat. The company has started its commercial operations with effect from December 28, 2022.
NACL Industries produces a comprehensive range of pesticide Technicals and Formulations.
