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Aarti Industries spurts on incorporating two wholly owned subsidiary companies

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Aarti Industries is currently trading at Rs. 822.55, up by 5.10 points or 0.62% from its previous closing of Rs. 817.45 on the BSE.

The scrip opened at Rs. 826.15 and has touched a high and low of Rs. 833.25 and Rs. 818.70 respectively. So far 452 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 5 has touched a 52 week high of Rs. 930.51 on 28-May-2019 and a 52 week low of Rs. 637.76 on 20-Feb-2019.

Last one week high and low of the scrip stood at Rs. 857.05 and Rs. 812.00 respectively. The current market cap of the company is Rs. 14242.80 crore.

The promoters holding in the company stood at 48.29%, while Institutions and Non-Institutions held 24.09% and 27.63% respectively.

Aarti Industries has incorporated two Wholly Owned Subsidiary (WOS) Companies namely ‘Aarti Organics’ and ‘Aarti Bharuch’. The registered office of the companies is situated at Gujarat.

Aarti Industries is one of the most competitive benzene-based speciality chemical companies in the world. It is a rare instance of a global speciality chemicals company that combines process chemistry competence (recipe focus) with scale-up engineering competence (asset utilization).

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