Rama Phosphates rises on launching ‘Zinc Sulphate Mono-Hydrate’

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Rama Phosphates is currently trading at Rs. 80.00, up by 2.00 points or 2.56% from its previous closing of Rs. 78.00 on the BSE. The scrip opened at Rs. 72.25 and has touched a high and low of Rs. 80.00 and Rs. 72.25 respectively. So far 1625 shares were traded on the counter.

The BSE group ‘X’ stock of face value Rs. 10 has touched a 52 week high of Rs. 109.50 on 12-Nov-2018 and a 52 week low of Rs. 66.00 on 27-Jul-2018. Last one week high and low of the scrip stood at Rs. 82.00 and Rs. 72.25 respectively. The current market cap of the company is Rs. 141.55 crore.

The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 0.07% and 24.94% respectively. Rama Phosphates has launched its new product Zinc Sulphate Mono-Hydrate (Micronutrient) under the brand name ‘Girnar Zinc Gold’ on May 27, 2019.

Rama Phosphates is one of the leading fertilizer manufacturing companies in India. The products of RPL are marketed in various states in the country under the brand name of “Girnar” and “Suryaphool”.

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