Chemfab Alkalis soars on investing Rs 14.91 crore in Zenataris Renewable Energy
Chemfab Alkalis is currently trading at Rs. 428.00, up by 19.95 points or 4.89% from its previous closing of Rs. 408.05 on the BSE.
The scrip opened at Rs. 428.00 and has touched a high and low of Rs. 428.00 and Rs. 428.00 respectively. So far 3 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 879.60 on 22-May-2025 and a 52 week low of Rs. 270.00 on 01-Apr-2026.
Last one week high and low of the scrip stood at Rs. 513.70 and Rs. 372.00 respectively. The current market cap of the company is Rs. 615.19 crore.
The promoters holding in the company stood at 72.13%, while Institutions and Non-Institutions held 0.21% and 27.65% respectively.
Chemfab Alkalis has invested a sum of Rs 14.91 crore in Zenataris Renewable Energy on May 19, 2026 towards subscription of 3.35% equity shares of Rs 66.10 each under group captive mechanism. This investment will result in a lower tariff and consequent cost savings.
Zenataris Renewable Energy is engaged in the business of developing, building and managing a portfolio of solar and wind power assets.
