Tamilnadu Petroproducts gains on starting up manufacturing of Propylene Oxide

Tamilnadu Petroproducts gains on starting up manufacturing of Propylene Oxide

by admin- Tuesday, January 29th, 2019 04:45:49 PM

Tamilnadu Petroproducts is currently trading at Rs. 33.30, up by using zero.20 points or 0.60% from its preceding ultimate of Rs. 33.10 at the BSE.

The scrip opened at Rs. 33.30 and has touched a excessive and coffee of Rs. 33.30 and Rs. 32.85 respectively.

The BSE organization ‘B’ stock of face price Rs. 10 has touched a 52 week high of Rs. 70.00 on 27-Feb-2018 and a 52 week low of Rs. 29.50 on 05-Jul-2018.

Last one week high and coffee of the scrip stood at Rs. 38.50 and Rs. 32.Eighty five respectively. The current market cap of the employer is Rs. 297.81 crore.

The promoters maintaining within the company stood at 34.Fifty four%, whilst Institutions and Non-Institutions held eight.94% and 56.Fifty two% respectively.

Tamilnadu Petroproducts has commenced production of Propylene Oxide, an Industrial intermediate chemical, on January 28, 2019. The manufacturing facility, which could cater to the home market, has been installation through conversion of the erstwhile ECH production plant which became shut down in 2013.

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