Chemcrux Enterprises jumps on acquiring 50% stake in Kalichem

Chemcrux Enterprises is currently trading at Rs. 132.70, up by 3.00 points or 2.31% from its previous closing of Rs. 129.70 on the BSE.
The scrip opened at Rs. 131.00 and has touched a high and low of Rs. 134.00 and Rs. 124.95 respectively. So far 2347 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 305.00 on 1-Mar-2024 and a 52 week low of Rs. 124.95 on 28-Feb-2025.
Last one week high and low of the scrip stood at Rs. 135.95 and Rs. 124.95 respectively. The current market cap of the company is Rs. 191.03 crore.
The promoters holding in the company stood at 72.92%, while non-Institutions held 27.08% stake in the company.
Chemcrux Enterprises has completed the acquisition of 5000 equity shares of Rs 10 each (50%) of Kalichem on February 27, 2025. With this acquisition, Kalichem has become the wholly owned subsidiary of the company and ceases to be the Joint Venture Company.
Earlier, the company had received in-principal approval from board of directors of the company to acquire and/or subscribe 5000 equity shares of Rs 10 each (50%) of Kalichem.
Chemcrux Enterprises is engaged in high pressure Oxidation, Chlorosulfonation, Nitration and Aceylation for manufacturing of intermediates for bulk drugs, dyes and pigments.










Tag News

Medico Remedies leads the gainers of group B on BSE


