Supreme Petrochem is currently trading at Rs. 294.00, up by 3.75 points or 1.29% from its previous closing of Rs. 290.25 on the BSE.
The scrip opened at Rs. 292.35 and has touched a high and low of Rs. 297.40 and Rs. 290.25 respectively. So far 29539 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 300.40 on 03-Feb-2017 and a 52 week low of Rs. 97.00 on 12-Feb-2016.
Last one week high and low of the scrip stood at Rs. 300.40 and Rs. 240.60 respectively. The current market cap of the company is Rs. 2837.16 crore.
The promoters holding in the company stood at 60.84%, while Institutions and Non-Institutions held 0.96% and 38.20% respectively.
Supreme Petrochem has completed the trial runs for producing Styrene Methyl Methacrylate (SMMA) by modifying one of the Polystyrene (PS) lines at the plant in Maharashtra into a swing line capable of producing either PS or SMMA. This modified line with a SMMA capacity of 42500 TPA is now ready for commercial production.
Supreme Petrochem is the leader in Polystyrene business in the Indian market place with a share of more than 50%.