Supreme Petrochem surges on completing EPS production facility revamp programme at Chennai plant
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Supreme Petrochem is currently trading at Rs. 784.25, up by 12.15 points or 1.57% from its previous closing of Rs. 772.10 on the BSE.
The scrip opened at Rs. 798.95 and has touched a high and low of Rs. 802.45 and Rs. 779.95 respectively. So far 2424 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 4 has touched a 52 week high of Rs. 1027.05 on 28-Mar-2022 and a 52 week low of Rs. 630.00 on 21-Feb-2022.
Last one week high and low of the scrip stood at Rs. 802.45 and Rs. 735.25 respectively. The current market cap of the company is Rs. 7365.58 crore.
The promoters holding in the company stood at 64.14%, while Institutions and Non-Institutions held 4.54% and 31.31% respectively.
Supreme Petrochem has completed EPS Production Facility Revamp Programme/ Commissioning Trials at its Plant situated at Manali New Town, Chennai, Tamil Nadu on December 28, 2022 and consequently the effective production capacity of EPS at Manali Plant has increased from the existing 24000 TPA to 33000 TPA.
Supreme Petrochem is a leader in Styrenic polymers in India with two manufacturing locations, Amdoshi-Wangani, Maharashtra and Manali, Tamilnadu in India.
