Kanoria Chemicals & Industries soars as its arm incorporates wholly-owned subsidiaries
Kanoria Chemicals & Industries is currently trading at Rs. 88.57, up by 3.26 points or 3.82% from its previous closing of Rs. 85.31 on the BSE.
The scrip opened at Rs. 84.55 and has touched a high and low of Rs. 88.57 and Rs. 84.55 respectively. So far 795 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 177.50 on 16-Sep-2024 and a 52 week low of Rs. 73.77 on 28-Mar-2025.
Last one week high and low of the scrip stood at Rs. 88.57 and Rs. 83.00 respectively. The current market cap of the company is Rs. 371.39 crore.
The promoters holding in the company stood at 74.40%, while Institutions and Non-Institutions held 0.12% and 25.48% respectively.
Kanoria Chemicals & Industries’ step-down subsidiary -- CoSyst Control Systems GmbH has incorporated two wholly-owned subsidiaries namely, Adapt Control Systems Gmbh, Germany and Adapt Control Systems Inc., Canada. The objective of incorporation is for development and production of electronic devices
Kanoria Chemicals & Industries (KCI) is a leading manufacturer of chemical intermediates in India. Apart from chemicals, it has diversified business interests including automotive and industrial electronics, renewable energy and textiles.
