Atul jumps on completing increase in capacity of Liquid Epoxy Resin
Atul is currently trading at Rs. 7708.80, up by 145.30 points or 1.92% from its previous closing of Rs. 7563.50 on the BSE.
The scrip opened at Rs. 7502.40 and has touched a high and low of Rs. 7730.00 and Rs. 7502.40 respectively. So far 1207 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 8165.25 on 10-Oct-2024 and a 52 week low of Rs. 5183.10 on 04-Jun-2024.
Last one week high and low of the scrip stood at Rs. 7730.00 and Rs. 7175.00 respectively. The current market cap of the company is Rs. 22755.53 crore.
The promoters holding in the company stood at 45.17%, while Institutions and Non-Institutions held 34.21% and 20.62% respectively.
Atul has completed increase in capacity of Liquid Epoxy Resin to meet the requirements of Business. The capacity of Liquid Epoxy Resin increased by 50,000 tpa effective October 25, 2024. Approved investment for the said capacity expansion is Rs 200 crore (excluding working capital of Rs 165 crore).
Atul is one of the largest integrated chemical companies of India. The company has one of the biggest integrated chemical complexes in India with a well-diversified product portfolio of around products and formulations.
