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National Peroxide advances on the bourses

  • Aug-11-2017
  • 14 Hrs IST

National Peroxide is currently trading at Rs. 1483.90, up by 28.75 points or 1.98% from its previous closing of Rs. 1455.15 on the BSE.

The scrip opened at Rs. 1461.00 and has touched a high and low of Rs. 1499.00 and Rs. 1425.00 respectively. So far 5188 shares were traded on the counter.

The BSE group 'XC' stock of face value Rs. 10 has touched a 52 week high of Rs. 1545.00 on 10-Aug-2017 and a 52 week low of Rs. 645.00 on 11-Aug-2016.

Last one week high and low of the scrip stood at Rs. 1545.00 and Rs. 1386.00 respectively. The current market cap of the company is Rs. 851.13 crore.

The promoters holding in the company stood at 70.68%, while Institutions and Non-Institutions held 0.01% and 29.30% respectively.

National Peroxide has received its board’s approval for capacity expansion of its Hydrogen Peroxide Plant at Kalyan (on 50% w/w basis) from 95,000 tonnes per annum to 1,50,000 tonnes per annum. The company’s board gave approval for the same at the meeting held on August 9, 2017.

National Peroxide is engaged in the manufacturers of chemicals hydrogen peroxide and sodium perborate.