Hindustan Organic Chemicals gains on executing loan agreement with SBI
Hindustan Organic Chemicals is currently trading at Rs. 36.04, up by 0.50 points or 1.41% from its previous closing of Rs. 35.54 on the BSE.
The scrip opened at Rs. 35.43 and has touched a high and low of Rs. 36.50 and Rs. 35.43 respectively. So far 13161 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 55.50 on 22-Aug-2024 and a 52 week low of Rs. 22.36 on 03-Mar-2025.
Last one week high and low of the scrip stood at Rs. 36.79 and Rs. 35.20 respectively. The current market cap of the company is Rs. 242.43 crore.
The promoters holding in the company stood at 58.78%, while Institutions and Non-Institutions held 0.02% and 41.21% respectively.
Hindustan Organic Chemicals has executed a loan agreement with State Bank of India (SBI) to avail Fund based & non-fund based facilities amounting to Rs 100 crore. Purpose of entering into the agreement is to arrange Working Capital and Bank Guarantee facilities (Fund based & non- fund based).
Hindustan Organic Chemicals (HOC) is principally engaged in the business of bulk industrial chemicals and chemical intermediates.
