RDB Rasayans trades jubilantly on proposing expansion project of Flexible Intermediate Bulk Container at Odisha
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RDB Rasayans is currently trading at Rs. 114.25, up by 9.35 points or 8.91% from its previous closing of Rs. 104.90 on the BSE.
The scrip opened at Rs. 106.90 and has touched a high and low of Rs. 118.70 and Rs. 106.00 respectively. So far 66700 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 119.35 on 06-Sep-2022 and a 52 week low of Rs. 67.60 on 28-Mar-2023.
Last one week high and low of the scrip stood at Rs. 118.70 and Rs. 104.00 respectively. The current market cap of the company is Rs. 203.19 crore.
The promoters holding in the company stood at 69.83%, while Non-Institutions held 30.17% stake in the company.
RDB Rasayans has proposed for expansion project of Flexible Intermediate Bulk Container (FIBC) at Jaleswar, Balsore, Odisha, and the same has been approved by the Odisha Government for the land allocation.
RDB Rasayans is in to the business of Real Estate, Cigarettes, Print & Packaging, warehousing and flexible intermediate bulk containers (FIBC).
