Galaxy Surfactants inches up on incorporating wholly owned subsidiary
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Galaxy Surfactants is currently trading at Rs. 2553.00, up by 2.25 points or 0.09% from its previous closing of Rs. 2550.75 on the BSE.
The scrip opened at Rs. 2550.00 and has touched a high and low of Rs. 2588.50 and Rs. 2549.30 respectively. So far 68 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2989.35 on 15-Jun-2023 and a 52 week low of Rs. 2241.10 on 15-Mar-2024.
Last one week high and low of the scrip stood at Rs. 2588.50 and Rs. 2285.45 respectively. The current market cap of the company is Rs. 9043.62 crore.
The promoters holding in the company stood at 70.92%, while Institutions and Non-Institutions held 16.04% and 13.03% respectively.
Galaxy Surfactants has incorporated a wholly owned subsidiary (WOS) Company namely Galaxy Specialties Europe B.V. The company is the only shareholder in Galaxy Specialties Europe B.V. holding 100% share capital. Galaxy Specialties Europe B.V. would be inter alia in the business of Investment Holding, Trading & Marketing, Distribution, Manufacturing etc. of Surfactants and Specialty Ingredients & Chemicals.
Galaxy Surfactants is engaged in manufacturing of surfactants and other specialty ingredients for the personal care and home care industries. Its products find application in a host of consumer centric personal care and home care products, including, inter alia, skin care, oral care, hair care, cosmetics, toiletries and detergent products.
