BASF India is currently trading at Rs. 517.00, up by 9.50 points or 1.87% from its previous closing of Rs. 507.50 on the BSE.
The scrip opened at Rs. 518.00 and has touched a high and low of Rs. 534.80 and Rs. 507.00 respectively. So far 1153 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 717.00 on 21-Sep-2011 and a 52 week low of Rs. 427.05 on 22-Dec-2011.
Last one week high and low of the scrip stood at Rs. 534.80 and Rs. 504.35 respectively. The current market cap of the company is Rs. 2227.05 crore.
The promoters holding in the company stood at 73.33% while Institutions and Non-Institutions held 7.01% and 19.65% respectively.
BASF India is likely to set up a new chemical production site at Dahej, India. It has obtained board’s approval for the same at its meeting held on April 11, 2012. The new site will be an integrated hub for polyurethane manufacturing and will also house production facilities for care chemicals and polymer dispersions for coatings and paper.
The total cost for setting up of site is estimated to be Rs 1,000 crore and the same will be financed by BIL through internal accruals and loans. The start of the production is planned for 2014.
BASF India is a leading player in chemical sector and manufactures and markets a wide range of products such as expandable polystyrene, tanning agents, leather chemicals and auxiliaries including specialized metal complex dyes etc. in primary forms and crop protection chemicals.
Company Name | CMP |
---|---|
UPL | 500.80 |
BASF India | 5673.00 |
PI Industries | 3815.00 |
Bayer CropScience | 5848.95 |
Sumitomo Chemical India | 515.95 |
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