Asian Paints surges on commencing commercial manufacturing at Vishakhapatnam plant

Asian Paints surges on commencing commercial manufacturing at Vishakhapatnam plant

by admin- Wednesday, January 30th, 2019 07:02:16 PM

Asian Paints is presently buying and selling at Rs. 1415.00, up via 22.50 points or 1.62% from its previous ultimate of Rs. 1392.50 at the BSE.

The scrip opened at Rs. 1394.00 and has touched a high and occasional of Rs. 1415.00 and Rs. 1394.00 respectively. So some distance 3287 shares had been traded at the counter.

The BSE group ‘A’ stock of face price Rs. 1 has touched a fifty two week excessive of Rs. 1488.60 on 25-Jul-2018 and a 52 week low of Rs. 1082.00 on 23-Mar-2018.

Last one week high and low of the scrip stood at Rs. 1415.00 and Rs. 1353.15 respectively. The current marketplace cap of the organisation is Rs. 133568.29 crore.

The promoters conserving within the company stood at 52.Seventy nine%, while Institutions and Non-Institutions held 26.15% and 21.06% respectively.

Asian Paints has effectively started commercial production of paints and intermediaries on the Vishakhapatnam Plant within the kingdom of Andhra Pradesh. The preliminary potential of said manufacturing facility is three lakh KL p.A.

Earlier, the corporation had proposed to installation a paint production facility in Vishakhapatnam, Andhra Pradesh, with an last ability of five lakh KL p.A. To be applied in a phased way.

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