Orient Ceratech zooms as its arm gets nod to set up new plant
Orient Ceratech is currently trading at Rs. 39.13, up by 3.50 points or 9.82% from its previous closing of Rs. 35.63 on the BSE.
The scrip opened at Rs. 36.80 and has touched a high and low of Rs. 41.75 and Rs. 36.80 respectively. So far 52181 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 57.40 on 17-Dec-2024 and a 52 week low of Rs. 28.93 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs. 41.75 and Rs. 35.10 respectively. The current market cap of the company is Rs. 469.58 crore.
The promoters holding in the company stood at 63.58%, while Institutions and Non-Institutions held 13.32% and 23.09% respectively.
Orient Ceratech’s wholly owned subsidiary -- Orient Advanced Materials (OAMPL) has received approval from board of directors for setting up a new plant for its foundry coating line and Resin Coating line business at Baraya, as part of its overall growth and business expansion strategy. The plant is expected to be operational by end of Q4 of FY 2025-26.
Orient Ceratech is a producer of Ceramic Proppants, High Performance Castables, and Refractory Raw Materials.
