Aether Industries rises on executing strategic agreement with global lithium-ion battery producer
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Aether Industries is currently trading at Rs. 918.95, up by 11.10 points or 1.22% from its previous closing of Rs. 907.85 on the BSE.
The scrip opened at Rs. 948.95 and has touched a high and low of Rs. 948.95 and Rs. 916.00 respectively. So far 1970 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1210.80 on 22-Jun-2023 and a 52 week low of Rs. 778.00 on 30-Nov-2023.
Last one week high and low of the scrip stood at Rs. 948.55 and Rs. 789.00 respectively. The current market cap of the company is Rs. 12033.58 crore.
The promoters holding in the company stood at 81.81%, while Institutions and Non-Institutions held 15.42% and 2.76% respectively.
Aether Industries has executed a strategic agreement and contract with a global lithium-ion battery producer, thereby announcing Aether’s entry in the electrolyte additives and battery space. The agreement includes the commercial supply finalization of one specific electrolyte additive and initiates the discussion on three others.
Aether Industries is a specialty chemicals manufacturer in India focused on producing advanced intermediates and specialty chemicals involving complex and differentiated chemistry and technology core competencies.
