Hindustan Organic Chemicals trades higher on the bourses

11 Sep 2015 Evaluate

Hindustan Organic Chemicals is currently trading at Rs. 11.80, up by 0.33 points or 2.88% from its previous closing of Rs. 11.47 on the BSE.

The scrip opened at Rs. 11.71 and has touched a high and low of Rs. 12.15 and Rs. 11.71 respectively. So far 5134 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 30.75 on 30-Sep-2014 and a 52 week low of Rs. 10.55 on 07-Sep-2015.

Last one week high and low of the scrip stood at Rs. 12.15 and Rs. 10.55 respectively. The current market cap of the company is Rs. 80.41 crore.

The promoters holding in the company stood at 58.78% while Institutions and Non-Institutions held 0.03% and 41.19% respectively.

Credit rating agency, CARE has revised rating of Hindustan Organic Chemicals’ bond issue. The rating agency has revised rating of company’s Redeemable Non-Convertible Unsecured Taxable Bonds / NCD worth Rs 100 crore to ‘D’ from ‘AAA’ (SO).

CARE has assigned the rating solely based on the strength of an unconditional and irrevocable guarantee from Government of India (GoI) executed through the Department of Chemicals & Petrochemicals, Ministry of Chemicals and Fertilizers. The revision was on account of failure to fund the designated account (as per the structured payment mechanism specified in the offer document) leading to delay in interest payment to the bondholders.

Hind Organic Chem Share Price

40.91 0.23 (0.57%)
24-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
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SRF 2275.50
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Atul 7050.05
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