Hindustan Organic Chemicals is currently trading at Rs. 24.75, up by 1.15 points or 4.87% from its previous closing of Rs. 23.60 on the BSE.
The scrip opened at Rs. 24.75 and has touched a high and low of Rs. 24.75 and Rs. 24.75 respectively. So far 6913 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 30.95 on 13-Jan-2017 and a 52 week low of Rs. 12.30 on 29-Feb-2016.
Last one week high and low of the scrip stood at Rs. 25.00 and Rs. 23.00 respectively. The current market cap of the company is Rs. 166.25 crore.
The promoters holding in the company stood at 58.78%, while institutions and non-institutions held 0.02% and 41.21% respectively.
Hindustan Organic Chemicals has reportedly sought shareholders' nod to sell 442 acres of land at Maharashtra to BPCL at Rs 1.4 crore per acre. Further, the company has also sought approval to divest its 56.43% stake in Hindustan Fluorocarbons.
Hindustan Organic Chemicals was set up by the Government of India in 1960 with the objective of attaining self-reliance in basic organic chemicals needs.