Manali Petrochemical zooms on getting nod to set up additional manufacturing facilities at western part of India
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Manali Petrochemical is currently trading at Rs. 75.20, up by 3.61 points or 5.04% from its previous closing of Rs. 71.59 on the BSE.
The scrip opened at Rs. 71.35 and has touched a high and low of Rs. 76.40 and Rs. 71.35 respectively. So far 66316 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 87.15 on 11-Jan-2024 and a 52 week low of Rs. 55.90 on 28-Mar-2024.
Last one week high and low of the scrip stood at Rs. 76.40 and Rs. 70.95 respectively. The current market cap of the company is Rs. 1301.69 crore.
The promoters holding in the company stood at 44.86%, while Institutions and Non-Institutions held 0.81% and 54.33% respectively.
Manali Petrochemical has received an approval for setting up of additional Manufacturing facilities at Western Part of India. The Board of Directors of the company at its meeting held on May 13, 2024 approved the same.
Manali Petrochemical (MPL) is a leading petrochemical manufacturer based in Chennai, India. It markets propylene glycol and polyols.
