Wednesday , October 20 2021

Black Rose Industries rises on starting commercial production of polyacrylamide liquids

Black Rose Industries is currently trading at Rs. 70.50, up by 0.10 points or 0.14% from its previous closing of Rs. 70.40 on the BSE.

The scrip opened at Rs. 71.00 and has touched a high and low of Rs. 72.75 and Rs. 70.50 respectively. So far 2819 shares were traded on the counter.

The BSE group ‘X’ stock of face value Rs. 1 has touched a 52 week high of Rs. 79.85 on 27-Sep-2019 and a 52 week low of Rs. 37.20 on 09-May-2019.

Last one week high and low of the scrip stood at Rs. 72.75 and Rs. 66.50 respectively. The current market cap of the company is Rs. 359.04 crore.

The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 0.27% and 24.73% respectively.

Black Rose Industries has commenced commercial production of polyacrylamide liquids at its manufacturing facility situated at Jhagadia in the state of Gujarat on October 8, 2019. The company plans to ramp up production gradually from the initial levels to full capacity in the quarters ahead.

Black Rose Industries is engaged in the chemical and textiles business. The company’s chemical division is engaged in the import, distribution, and exports of a wide range of fine and specialty chemicals.

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