Pratiksha Chemicals surges despite getting advisory to halt manufacturing activity
Pratiksha Chemicals is currently trading at Rs. 20.80, up by 0.61 points or 3.02% from its previous closing of Rs. 20.19 on the BSE.
The scrip opened at Rs. 20.00 and has touched a high and low of Rs. 20.89 and Rs. 19.79 respectively. So far 230 shares were traded on the counter.
The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 44.00 on 18-Jan-2024 and a 52 week low of Rs. 19.15 on 28-Oct-2024.
Last one week high and low of the scrip stood at Rs. 22.91 and Rs. 19.79 respectively. The current market cap of the company is Rs. 11.61 crore.
The promoters holding in the company stood at 46.01%, while Non-Institutions held 53.99% stake in the company.
Pratiksha Chemicals has received an advisory from Tricon Associates, structural and chartered engineers to halt the production due to damages in the factory building which requires major overhaul. Hence, the company has halted manufacturing operations to evaluate the quantum of maintenance to be carried out.
Pratiksha Chemicals is engaged in the commercial production of Phthalocyanine Pigment Green.