Pondy Oxides & Chemicals profits on making plans to merge Meloy Metals with itself

Pondy Oxides & Chemicals profits on making plans to merge Meloy Metals with itself

by admin- Tuesday, May 14th, 2019 05:09:28 PM

Pondy Oxides & Chemicals is presently buying and selling at Rs. 319.Eighty, up with the aid of 1.85 factors or zero.Fifty eight% from its preceding final of Rs. 317.Ninety five at the BSE.

The scrip opened at Rs. 317.80 and has touched a excessive and low of Rs. 319.95 and Rs. 310.00 respectively.

The BSE organization ‘X’ inventory of face value Rs. 10 has touched a fifty two week high of Rs. 474.00 on 14-May-2018 and a fifty two week low of Rs. 263.90 on 08-Oct-2018.

Last one week excessive and coffee of the scrip stood at Rs. 335.00 and Rs. Three hundred.10 respectively. The contemporary marketplace cap of the corporation is Rs. 177.29 crore.

The promoters retaining in the corporation stood at 46.38%, while Institutions and Non-Institutions held 0.35% and fifty three.27% respectively.

Pondy Oxides & Chemicals is planning to amalgamate Meloy Metals with itself. The Board of Directors of the Company at its assembly to be held on May 27, 2019 to do not forget the equal.

Pondy Oxides & Chemicals manufactures metallic oxides and plastic additives. The agency produces zinc oxide, lead sub oxide, litharge red lead, and liquid stabilizers of polyvinyl chloride (PVC).

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