Camlin Fine Sciences is currently trading at Rs. 170.55, up by 5.55 points or 3.36% from its previous closing of Rs. 165.00 on the BSE.
The scrip opened at Rs. 174.50 and has touched a high and low of Rs. 175.00 and Rs. 170.00 respectively. So far 43242 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 178.30 on 10-May-2021 and a 52 week low of Rs. 35.55 on 19-May-2020.
Last one week high and low of the scrip stood at Rs. 178.30 and Rs. 162.60 respectively. The current market cap of the company is Rs. 2181.60 crore.
The promoters holding in the company stood at 21.62%, while Institutions and Non-Institutions held 24.92% and 53.46% respectively.
Camlin Fine Sciences has received approval for strategic investment in AlgalR NutraPharms (AlgalR) by way of acquisition of equity shares amounting to 69.33% of the existing paid?up share capital (Secondary Purchase). The Committee has also approved subscription to the equity shares of AlgalR (Primary Subscription). Upon consummation of the Secondary Purchase and Primary Subscription, the Company will hold 80% of the paid?up capital of AlgalR on a fully diluted basis. The Company will now be executing the Investment Agreement, Share Purchase Agreement and the incidental agreements / documents with AlgalR and its promoters / other shareholders.
AlgalR provides an opportunity to the Company for expanding its footprint into the Nutraceuticals segment. Upon completion of the acquisition, the Company shall become the holder of 80% of the paid? up share capital of AlgalR on a fully diluted basis.
Camlin Fine Sciences is the world's second largest manufacturer and marketer of food grade antioxidants BHA (butylated hydroxyanisole) and TBHQ (Tertiary Butylhydroquinone).
| Company Name | CMP |
|---|---|
| Tata Chemicals | 1069.40 |
| SRF | 2165.85 |
| Pidilite Inds. | 2958.60 |
| Aarti Inds | 430.80 |
| Atul | 7261.00 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
Make an informed decision for Stocks
Invest using an intelligent system with powerful data-driven tools that help you identify opportunities and make informed buy-hold-sell decisions
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Claim your FREE 15-day access to the most practical investing handbook.
Hurry, limited to the first 10 users today!
Become a savvy and confident
stock investor.
Don't miss out! First 10 users today get it FREE
Download APP
