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Fine Organic Industries rises on starting operations of new manufacturing facility in Maharashtra

Fine Organic Industries is currently trading at Rs. 1430.00, up by 1.95 points or 0.14% from its previous closing of Rs. 1428.05 on the BSE.

The scrip opened at Rs. 1425.55 and has touched a high and low of Rs. 1430.00 and Rs. 1350.00 respectively.

The BSE group ‘B’ stock of face value Rs. 5 has touched a 52 week high of Rs. 1648.00 on 03-Jun-2019 and a 52 week low of Rs. 950.10 on 28-Aug-2018.

Last one week high and low of the scrip stood at Rs. 1449.95 and Rs. 1350.00 respectively. The current market cap of the company is Rs. 4378.40 crore.

The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 21.16% and 3.84% respectively.

Fine Organic Industries has started operations of new manufacturing facility situated at Additional Ambernath Industrial Area, Maharashtra from August 27, 2019.

Fine Organic Industries produces a wide range of specialty plant derived oleochemical -based additives used in food, plastic, cosmetics, paint, ink, coatings and other specialty application in various industries.

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