Galaxy Surfactants shines on entering into strategic collaboration with Global Customer
Galaxy Surfactants is currently trading at Rs. 2359.25, up by 114.30 points or 5.09% from its previous closing of Rs. 2244.95 on the BSE.
The scrip opened at Rs. 2289.85 and has touched a high and low of Rs. 2399.00 and Rs. 2285.50 respectively. So far 721 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 3366.30 on 17-Sep-2024 and a 52 week low of Rs. 2085.00 on 03-Mar-2025.
Last one week high and low of the scrip stood at Rs. 2399.00 and Rs. 2085.00 respectively. The current market cap of the company is Rs. 8335.41 crore.
The promoters holding in the company stood at 70.91%, while Institutions and Non-Institutions held 17.17% and 11.92% respectively.
Galaxy Surfactants through its group companies has entered into a strategic collaboration with one of its Global customers for providing EPC services comprising of process design and knowhow, procurement, engineering and construction, commissioning of their Performance Surfactants and Specialty Ingredients Plant at an Overseas Location. The Company is also in advanced stage of discussions to enhance this collaboration post commissioning of the Plant. This strategic initiative is in alignment with company’s Growth vision to expand geographical footprint into its focused markets.
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.
