PCBL inches up on incorporating wholly owned subsidiary
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PCBL is currently trading at Rs. 264.75, up by 0.30 points or 0.11% from its previous closing of Rs. 264.45 on the BSE.
The scrip opened at Rs. 267.00 and has touched a high and low of Rs. 268.00 and Rs. 264.70 respectively. So far 20079 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 283.50 on 05-Dec-2023 and a 52 week low of Rs. 108.05 on 29-Mar-2023.
Last one week high and low of the scrip stood at Rs. 271.65 and Rs. 257.35 respectively. The current market cap of the company is Rs. 10097.12 crore.
The promoters holding in the company stood at 51.41%, while Institutions and Non-Institutions held 16.08% and 32.51% respectively.
PCBL has incorporated a new wholly owned subsidiary (WOS) company, namely, Advaya Chemical Industries on January 11, 2024 with initial paid up share capital of Rs. 5 crore. Earlier, the company had incorporated a new wholly owned subsidiary namely 'Advaya Chemicals'.
PCBL is primarily engaged in the business of manufacturing & sale of carbon black and sale of power.
