06-10-2023 09:57 AM | Source: Accord Fintech
Aarti Industries inches up on incorporating wholly owned subsidiary in Dubai

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Aarti Industries is currently trading at Rs. 487.50, up by 0.25 points or 0.05% from its previous closing of Rs. 487.25 on the BSE.

The scrip opened at Rs. 489.00 and has touched a high and low of Rs. 490.00 and Rs. 486.50 respectively. So far 2963 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 744.56 on 17-Oct-2022 and a 52 week low of Rs. 445.00 on 13-Jul-2023.

Last one week high and low of the scrip stood at Rs. 494.80 and Rs. 480.60 respectively. The current market cap of the company is Rs. 17663.01 crore.

The promoters holding in the company stood at 43.65%, while Institutions and Non-Institutions held 27.02% and 29.33% respectively.

Aarti Industries has incorporated a new Wholly Owned Subsidiary (WOS) of the Company in Dubai, United Arab Emirates by the name of Aarti Chemical Trading - FZCO to carry out the business of manufacturers, producers, processors, buyers, sellers, importers, exporters, and or otherwise dealers in Chemicals, within and/or outside India. The said subsidiary was incorporated on September 25, 2023.

Aarti Industries is engaged in manufacturing and dealing in speciality chemicals and pharmaceuticals