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Kansai Nerolac Paints shines on starting commercial production at manufacturing unit in Punjab

Kansai Nerolac Paints is currently trading at Rs. 505.85, up by 22.90 points or 4.74% from its previous closing of Rs. 482.95 on the BSE.

The scrip opened at Rs. 489.00 and has touched a high and low of Rs. 509.00 and Rs. 487.00 respectively. So far 7420 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 1 has touched a 52 week high of Rs. 509.20 on 23-Sept-2019 and a 52 week low of Rs. 343.40 on 23-Oct-2018.

Last one week high and low of the scrip stood at Rs. 509.00 and Rs. 456.40 respectively. The current market cap of the company is Rs. 26027.13 crore.

The promoters holding in the company stood at 74.99%, while Institutions and Non-Institutions held 15.41% and 9.60% respectively.

Kansai Nerolac Paints has commenced commercial production of new manufacturing unit at Goindwal Sahib near Amritsar in Punjab.

Kansai Nerolac Paints is amongst the leading paint companies in India. The company offers a range of products, including decorative, Automotive Coatings and Performance coatings.

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