Meghmani Organics rises on incorporating wholly owned subsidiary
Meghmani Organics is currently trading at Rs. 70.57, up by 0.92 points or 1.32% from its previous closing of Rs. 69.65 on the BSE.
The scrip opened at Rs. 69.65 and has touched a high and low of Rs. 70.80 and Rs. 69.65 respectively. So far 3700 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 106.03 on 30-Jul-2025 and a 52 week low of Rs. 57.00 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs. 73.49 and Rs. 69.52 respectively. The current market cap of the company is Rs. 1780.45 crore.
The promoters holding in the company stood at 48.98%, while Institutions and Non-Institutions held 1.52% and 49.50% respectively.
Meghmani Organics has incorporated Wholly Owned Subsidiary Company under the name ‘Meghmani Organics Biodefensivos E Agricolas Do Brazil’ in Brazil to explore business opportunity in Brazil and to run operations of the company efficiently. The object of new entity is the commercialization, import, export, storage and distribution of chemical products and agricultural pesticides.
Meghmani Organics is engaged in manufacturing and selling of pigment and agrochemicals products.
