GHCL trades in green on the BSE

GHCL is currently trading at Rs. 210.65, up by 3.95 points or 1.91% from its previous closing of Rs. 206.70 on the BSE.

The scrip opened at Rs. 210.70 and has touched a high and low of Rs. 212.00 and Rs. 210.60 respectively.

The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 277.20 on 28-May-2019 and a 52 week low of Rs. 189.50 on 26-Oct-2018.

Last one week high and low of the scrip stood at Rs. 217.30and Rs. 205.30 respectively. The current market cap of the company is Rs. 2026.24 crore.

The promoters holding in the company stood at 18.87%, while Institutions and Non-Institutions held 32.62% and 48.52% respectively.

GHCL is all set to raise funds worth Rs 25 crore through issuance of Commercial Papers (CP) on July 26, 2019, and the instrument will mature on October 24, 2019.

GHCL is a leading producer of synthetic soda ash in India with an installed capacity of 8.5 lakh Tonnes Per Annum (TPA) located in Gujarat. Over the years, it has diversified into yarn and home textile products.

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