Camex shines on expanding operations into 5 continents

10 Apr 2017 Evaluate

Camex is currently trading at Rs. 31.20, up by 0.85 points or 2.80% from its previous closing of Rs. 30.35 on the BSE.

The scrip opened at Rs. 30.50 and has touched a high and low of Rs. 31.25 and Rs. 29.75 respectively. So far 20611 shares were traded on the counter.

The BSE group 'XD' stock of face value Rs. 10 has touched a 52 week high of Rs. 37.00 on 04-Oct-2016 and a 52 week low of Rs. 24.00 on 17-Nov-2016.

Last one week high and low of the scrip stood at Rs. 32.45 and Rs. 27.50 respectively. The current market cap of the company is Rs. 31.49 crore.

The promoters holding in the company stood at 67.85%, while institutions and non-institutions held 0.01% and 32.14% respectively.

Camex has expanded in operations into 5 continents keeping an eye on long term profitability & sustainable growth. The company’s diversification into plastic chemicals has yielded the desired results. Initial trials of the company’s products have been very successful. The quality has been accepted and is par with the international standards. The products have found acceptance amongst all leading plastic products manufacturers in India and also in abroad.

The company has already booked orders worth more than Rs 25 millions in plastic chemicals; boasting all top names in the plastic industries in its clientele. Over the next couple of years company is expecting a healthy & sustainable growth that would significantly improve it financials and make it a dominant player in the plastic-chemical industries.

Over the years, the company has been successful in tapping the latent and unexplored markets. It is exporting in more than 30 countries and has established new tie-up’s in unexplored markets such as Philippines, Vietnam, Portugal, Spain, Germany and many more in recent months.

Camex Share Price

61.50 -2.23 (-3.50%)
18-Dec-2024 15:28 View Price Chart
Peers
Company Name CMP
Sudarshan Chemicals 1130.20
Bodal Chemicals 69.30
Shree Pushkar Chem 350.50
Kiri Industries 659.00
Bhageria Industries 201.00
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