Oriental Carbon jumps on commissioning additional capacity of Sulphuric Acid Plant at Haryana
Oriental Carbon & Chemicals is currently trading at Rs. 900.55, up by 13.75 points or 1.55% from its previous closing of Rs. 886.80 on the BSE.
The scrip opened at Rs. 875.00 and has touched a high and low of Rs. 923.00 and Rs. 875.00 respectively.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1321.00 on 02-Aug-2021 and a 52 week low of Rs. 751.00 on 08-Mar-2022.
Last one week high and low of the scrip stood at Rs. 923.00 and Rs. 856.80 respectively. The current market cap of the company is Rs. 894.91 crore.
The promoters holding in the company stood at 51.76%, while Institutions and Non-Institutions held 15.76% and 32.48% respectively.
Oriental Carbon & Chemicals has commissioned its additional capacity of Sulphuric Acid Plant (42000 MTPA Capacity) at Dharuhera, Haryana on April 18, 2022. Further, the company has been accredited with 'Responsible Care' logo by Indian Chemical Council (ICC) for a period of three years upto March, 2025.
Oriental Carbon & Chemicals belongs to the JP Goenka Group of Companies. The company is a globally respected manufacturer of Insoluble Sulphur.