Yash Chemex advances as its arm gets license for manufacturing unit of Ethanol basis Products

06 Sep 2019 Evaluate

Yash Chemex is currently trading at Rs. 89.80, up by 6.80 points or 8.19% from its previous closing of Rs. 83.00 on the BSE.

The scrip opened at Rs. 97.00 and has touched a high and low of Rs. 97.00 and Rs. 83.00 respectively. So far 14427 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 116.95 on 29-May-2019 and a 52 week low of Rs. 60.25 on 24-Dec-2018.

Last one week high and low of the scrip stood at Rs. 97.00 and Rs. 77.90 respectively. The current market cap of the company is Rs. 92.14 crore.

The promoters holding in the company stood at 51.62%, while Non-Institutions held 48.38% stake in the company.

Yash Chemex’s Material Subsidiary Company--Yasons Chemex Care has got the license for the manufacturing unit of Ethanol basis Products such as perfumes, deodorants, hair re-growth oil and refreshing toners, located at Changodar, Ahmedabad.

The company has obtained SA-1 document from the Prohibition Dept., Gujarat in order to manufacture the Alcoholic Fragrance & Aerosol Based Spray Perfumes using Perfumery Alcohol at its premises. It also obtained DS-5 document from the Prohibition Dept., Gujarat in order to purchase & possess the Perfumery Alcohol for manufacturing of the Alcoholic Fragrance & Aerosol Based Spray Perfumes at its premises.

Yash Chemex is a chemicals and dyes trading and distribution company with a descriptive product portfolio. The company’s major selling products are Tobias Acid, Beta Nepthol and Melamine and has requisite infrastructure to accommodate stock of every component.


Yash Chemex Share Price

55.01 1.05 (1.95%)
22-Nov-2024 16:59 View Price Chart
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