Alufluoride rises on getting nod to go into into MoU with JPMC

Alufluoride rises on getting nod to go into into MoU with JPMC

by admin- Monday, February 11th, 2019 04:20:44 PM

Alufluoride is presently trading at Rs. Eighty five.50, up by way of zero.15 factors or zero.18% from its preceding last of Rs. 85.35 at the BSE.

The scrip opened at Rs. 88.80 and has touched a high and low of Rs. 88.Eighty and Rs. 85.50 respectively.

The BSE organization ‘X’ inventory of face price Rs. 10 has touched a fifty two week excessive of Rs. 199.00 on 06-Sep-2018 and a 52 week low of Rs. 75.60 on 23-Jul-2018.

Last one week excessive and coffee of the scrip stood at Rs. 97.Ninety and Rs. 82.15 respectively. The modern-day market cap of the enterprise is Rs. 59.Seventy five crore.

The promoters maintaining within the business enterprise stood at fifty three.60%, at the same time as Institutions and Non-Institutions held 1.Forty three% and 44.Ninety seven% respectively.

Alufluoride has received approval to go into into non-binding Memorandum of Undertakings (MoUs) with Jordan – Phosphate Mining Company (JPMC), Jordan for manufacturing and marketing of Aluminium Fluoride. The Board of Directors of the Company at its meeting held on February 09, 2019 has accredited the equal.

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