Essex Marine touches roof on expanding peeling capacity at Shankarpur facility
Essex Marine is locked its upper circuit limit at Rs. 33.07, up by 1.57 points or 4.98% from its previous closing of Rs. 31.50 on the BSE.
The scrip opened at Rs. 33.07 and has touched a high and low of Rs. 33.07 and Rs. 32.25 respectively. So far 78000 shares were traded on the counter.
The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 43.20 on 11-Aug-2025 and a 52 week low of Rs. 18.25 on 23-Jan-2026.
Last one week high and low of the scrip stood at Rs. 33.07 and Rs. 29.55 respectively. The current market cap of the company is Rs. 50.47 crore.
The promoters holding in the company stood at 72.07%, while Non-Institutions held 27.93% stake in the company.
Essex Marine has successfully completed the expansion of the existing peeling capacity at its processing unit located at Shankarpur. It also expanded ‘Ready-to-Cook’ section by incorporating blanching into the existing processing line at the same facility. The expanded facility, including the newly added Ready-to-Cook section, has been developed with modern infrastructure and is designed to meet international standards. Additionally, the construction of worker’s quarters situated above the peeling unit has been completed as part of the overall project plan.
Further, the trial production at the expanded facility has been successfully completed. The company is in process of completing requisite regulatory formalities and is preparing to submit necessary application and documentation to the Export Inspection Agency (EIA) for obtaining approvals required to commence commercial production.
