Mitsu Chem Plast surges on BSE
Mitsu Chem Plast is currently trading at Rs. 115.50, up by 2.08 points or 1.83% from its previous closing of Rs. 113.42 on the BSE.
The scrip opened at Rs. 114.50 and has touched a high and low of Rs. 120.55 and Rs. 110.50 respectively. So far 10408 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 127.80 on 09-Jun-2025 and a 52 week low of Rs. 83.25 on 28-Mar-2025.
Last one week high and low of the scrip stood at Rs. 120.55 and Rs. 103.10 respectively. The current market cap of the company is Rs. 155.54 crore.
The promoters holding in the company stood at 67.77%, while non-institutions held 32.23% stake in the comany.
Mitsu Chem Plast has entered into a Global Supplier agreement with Arjohuntleigh Polska Sp. z o.o., following a year-long validation Process and approvals.
This agreement marks Mitsu Chem Plast’s onboarding as a global supplier to the Arjo Group, one of the world’s Top 5 leading medical equipment companies. The association reflects Mitsu’s strong manufacturing capabilities, Professional Approach, consistent quality, and compliance with international standards. Under the agreement, Mitsu Chem Plast will supply Hospital furniture parts and other related plastic accessories. These products support patient safety, caregiver ergonomics, and efficient risk management in healthcare industry.
The partnership strengthens Mitsu Chem Plast’s presence in the global Furniture parts supply chain and enhances its brand visibility across international markets. It also creates long-term growth opportunities by expanding the Company’s hospital furniture parts portfolio and supporting export-led business growth. The engagement also comes at a time of strengthening India–European Union trade relations, supported by the recently concluded India-EU trade agreement, which is expected to improve export competitiveness and ease market access for specialised polymer and healthcare component manufacturers, thereby supporting Mitsu Chem Plast’s long-term international business expansion.
