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2025-01-23 10:43:32 am | Source: Accord Fintech
Fineotex Chemical soars on the BSE

Fineotex Chemical is currently trading at Rs. 344.20, up by 6.85 points or 2.03% from its previous closing of Rs. 337.35 on the BSE.

The scrip opened at Rs. 342.25 and has touched a high and low of Rs. 346.80 and Rs. 338.20 respectively. So far 39413 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 458.00 on 19-Feb-2024 and a 52 week low of Rs. 277.35 on 13-Jan-2025.

Last one week high and low of the scrip stood at Rs. 346.80 and Rs. 319.70 respectively. The current market cap of the company is Rs. 3928.21 crore.

The promoters holding in the company stood at 62.86%, while Institutions and Non-Institutions held 6.97% and 30.17% respectively.

Fineotex Chemical has inaugurated its new, modern office space in Andheri, Mumbai. This significant milestone underscores the company’s relentless pursuit of growth, innovation, and operational excellence. The modern workspace is designed to accommodate the company’s upcoming organic and inorganic growth. A fully integrated facility, it aims to foster a cohesive working environment while enhancing efficiency and supporting the company’s growing team.

A distinctive feature of the new office is that one-third of the total area is dedicated to recreation facilities for employees, underscoring the company’s commitment to creating a vibrant and engaging workplace. Additionally, the office houses state-of-the-art training centers aimed at preparing employees for the next level of professional excellence.

This initiative reflects the company’s dedication to building a future-ready workforce equipped to meet industry challenges.

The new workspace also boasts techno-innovative facilities, ensuring that employees have access to the latest tools and technologies to excel in their roles. Strategically located in Andheri, the office serves as a central hub for strategic decision-making, enhanced customer engagement, and breakthrough product development

Fineotex Chemical manufactures specialty chemicals consumed by textile and garment industry, leather, construction, adhesives paper, water treatment, agrochemicals, paint and other industries.

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