PCBL Chemical gains as its arm incorporates wholly owned subsidiary
PCBL Chemical is currently trading at Rs. 315.65, up by 2.85 points or 0.91% from its previous closing of Rs. 312.80 on the BSE.
The scrip opened at Rs. 315.40 and has touched a high and low of Rs. 322.55 and Rs. 314.55 respectively. So far 19176 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 390.50 on 10-Oct-2025 and a 52 week low of Rs. 226.30 on 24-Mar-2026.
Last one week high and low of the scrip stood at Rs. 331.25 and Rs. 311.50 respectively. The current market cap of the company is Rs. 12429.48 crore.
The promoters holding in the company stood at 53.38%, while Institutions and Non-Institutions held 18.24% and 28.37% respectively.
PCBL Chemical’s subsidiary -- Nanovace Technologies has incorporated a wholly owned subsidiary, Nanovace Advanced Materials. The Certificate of Incorporation has been issued by the Ministry of Corporate Affairs, Government of India, on October 9, 2026.
The incorporation of the subsidiary is aligned with the strategic focus on advanced battery materials and next-generation energy storage technologies. Nanovace Advanced Materials, inter-alia, will focus on applications in electric vehicles (EVs), battery manufacturing, consumer electronics, defence, aviation and aerospace, power tools, energy storage systems (ESS), and other related industrial and technological sectors.
