DCW share price picks up pace and on 29th August the stock increased sharply by 4% and is quoting at Rs. 30.80. It opened at Rs. 29.80 against its previous closing seen at Rs. 29.65. The scrip touched the day’s high and low at Rs. 31.90 and Rs. 29.45 respectively.
Previously known as Dhrangadhra Chemical Works Limited, DCW controlled by the renowned Sahu Jain family, was established in January 1939 to take over India’s first Soda Ash factory in Dhrangadhra, Gujarat. The company has two manufacturing units one at Dhrangadhra, Gujarat which produces Soda Ash, Sodium Bicarbonate & Ammonium Bicarbonate. The other one is at Sahupuram, Tamil Nadu, it produces Caustic Soda, Liquid Chlorine, Hydrochloric Acid, Beneficiated ilmenite, Trichloroethylene, Yellow Iron Oxide, Ferric Chloride, Utox & PVC.
DCW one of the top 500 stocks analyzed by Dynamic Levels for this quarter among 1700 stocks listed on NSE. The company is known to have strong fundamentals, it has not incurred any losses in last two quarters, debt equity is less than 2, and pledge is less than 25%. Hence, this stock is safe for investment. DCW share price also experienced the spurts in its traded volume on certain days last week. The spurt was over 3.3 1times on 22nd August, over 2.14 times on 24th August and has been over 1.47 times today as the trade opened. So far, the traded volume has been 18,00,575 on the NSE window with a traded value of Rs. 559.08 lacs.
The stock touched its one year high at Rs. 34.40 on 4th July ’16 while its 52 week value is seen at Rs.17.90 on 8th Sept ’15. The company has a market cap amounting to Rs. 655.23 (Cr) with a book value of Rs. 25.09.
In order to know more about the stock, take a look at the DCW share price history.
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