11-10-2024 04:41 PM | Source: Accord Fintech
Privi Speciality Chemicals trades higher on getting certificate of API, certificate of registration for Camphor product

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Privi Speciality Chemicals is currently trading at Rs. 1615.85, up by 27.75 points or 1.75% from its previous closing of Rs. 1588.10 on the BSE.

The scrip opened at Rs. 1602.00 and has touched a high and low of Rs. 1622.00 and Rs. 1570.05 respectively. So far 7736 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1718.55 on 29-Jul-2024 and a 52 week low of Rs. 975.00 on 27-Mar-2024.

Last one week high and low of the scrip stood at Rs. 1622.00 and Rs. 1480.20 respectively. The current market cap of the company is Rs. 6311.95 crore.

The promoters holding in the company stood at 74.05%, while Institutions and Non-Institutions held 3.32% and 22.63% respectively.

Privi Speciality Chemicals has received ‘Certificate of API (Active Pharmaceuticals Ingredient) Product Listing’ and ‘Certificate of Registration’ for its Camphor product from U.S. Food and Drug Administration (US FDA). Having received the said registration, the Company can now expand its business horizon into the area of pharmaceutical applications in USA.

The Company has already received license for Manufacture, Sale and Distribution of Camphor (Form 25) from Food and Drugs Administration, Maharashtra State which enables company to sell Camphor to Indian Pharmaceutical Companies.

Privi Speciality Chemicals is lndia's leading manufacturer, supplier and exporter of aroma and fragrance chemicals and a globally trusted partner and a preferred supplier of bulk aroma chemicals.