Stallion India Fluorochemicals zooms on planning to set-up R-32 Refrigerant Gas manufacturing plant
Stallion India Fluorochemicals is currently trading at Rs 124.00, up by 9.45 points or 8.25% from its previous closing of Rs 114.55 on the BSE.
The scrip opened at Rs 116.25 and has touched a high and low of Rs 127.35 and Rs 114.00 respectively. So far 191111 shares were traded on the counter.
The BSE group 'B' stock of face value Rs 10 has touched a 52-week high of Rs 144.20 on 31-Jul-2025 and a 52-week low of Rs 59.91 on 03-Mar-2025.
Last one week high and low of the scrip stood at Rs 142.10 and Rs 112.25 respectively. The current market cap of the company is Rs 972.53 crore.
The promoters holding in the company stood at 67.90%, while Institutions and Non-Institutions held 5.22% and 26.88% respectively.
Stallion India Fluorochemicals is planning to set-up a R-32 Refrigerant Gas manufacturing plant along with manufacture of other gases like R-410a, R-404a, R407C, R-454B, R-515B, R-513A. etc. In this regard, the company has entered into an MOU with the Government of Rajasthan for setting up the R-32 gas manufacturing plant in Bhilwara district of Rajasthan.
The company has already initiated the process of land acquisition for this new project. The company has proposed investment of Rs 120 crore for plant and expects production to commence in 2026.
Stallion India Fluorochemicals is into the business of selling Refrigerant and Industrial Gases and related products.
