Hindustan Organic touches the roof on plan to sell land in Mumbai

25 Feb 2014 Evaluate

Hindustan Organic Chemicals is currently trading at Rs. 10.10, up by 0.48 points or 4.99% from its previous closing of Rs. 9.62 on the BSE.

The scrip opened at Rs. 10.10 and has touched a high and low of Rs. 10.10 and Rs. 10.10 respectively. So far 8433 shares were traded on the counter.

The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 15.30 on 08-May-2013 and a 52 week low of Rs. 6.05 on 05-Aug-2013.

Last one week high and low of the scrip stood at Rs. 10.10 and Rs. 9.16 respectively. The current market cap of the company is Rs. 67.84 crore.

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

Hindustan Organic Chemicals is planning to sell land in Mumbai. Maharashtra Industrial Development Corporation (MIDC) has approached the company in connection with the sale of a plot owned by the company. However, nothing has been concluded/finalized and will be informed to the exchange once it is finalised.

Hindustan Organic manufactures basic organic chemicals essential for vital industries like resins and laminates, dyes and dyes intermediates, drugs and pharmaceuticals, rubber chemicals, paints, pesticides and others.

Hind Organic Chem Share Price

40.91 0.23 (0.57%)
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