Meghmani Organics shines as its arm inaugurates Nano Urea Plant in Ahmedabad
Meghmani Organics is currently trading at Rs. 93.94, up by 4.22 points or 4.70% from its previous closing of Rs. 89.72 on the BSE.
The scrip opened at Rs. 90.91 and has touched a high and low of Rs. 95.80 and Rs. 90.91 respectively. So far 190886 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 104.50 on 26-Feb-2024 and a 52 week low of Rs. 71.68 on 26-Oct-2023.
Last one week high and low of the scrip stood at Rs. 99.70 and Rs. 87.80 respectively. The current market cap of the company is Rs. 2384.70 crore.
The promoters holding in the company stood at 49.32%, while Institutions and Non-Institutions held 1.59% and 49.09% respectively.
Meghmani Organics’ wholly owned subsidiary -- Meghmani Crop Nutrition (MCNL) has inaugurated its Nano Urea Plant on March 6, 2024 at Sanand, Ahmedabad. The commencement of commercial production for Nano Urea (Liquid) Fertilizer will be announced separately in due course.
Meghmani Organics is engaged in manufacturing and selling of pigment and agrochemicals products.
