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Monday, November 28, 2016

Bhageria Share Price surges 5% Intraday Today


BhageriaBhageria has made significant progress in the field of Dye Intermediates and other related products since its inception. The company supplies dyes and intermediates all over the globe. Company started its operations by setting up a Vinyl Sulphone Plant at Vapi, Gujarat with capacity of 540 T.P.A.  It has now expanded to 3600 T.P.A. Afterward Company has gone for further expansion in other Dyes intermediates & Dyestuffs.
Today, Bhageria share price opened at Rs. 345.80, higher than its previous close of Rs. 332.20 on the NSE. The stock has breached the upper circuit of Rs. 347.85 in the morning trade today. Previously, the stock has breached the upper circuits in three straight trading days. On 23rdNovember, the stock breached the upper circuit of Rs. 300.55, on 24th of 315.55 and on 25th the stock had breached the upper circuit of Rs. 331.30.
Recently, CARE has also reviewed the credit rating of Bhageria.
FacilitiesAmount (Rs. Crore)RatingRemark
Bank Facilities- Fund Based-LT6.42CARE BBBAssigned
Bank Facilities- Fund Based-LT105CARE BBBReaffirmed
Bank Facilities- Fund Based-LT40.58CARE A3+Assigned
Bank Facilities- Non Fund Based-ST8CARE A3+Assigned
Total Facilities160



CARE has Assigned CARE triple B rating for the long term fund based facility of Bhageria for the amount of 6.42 crores. For 105 crores, the rating of CARE triple B is reaffirmed and assigned CARE A3+ rating for the long term fund based bank facilities for the amount of 40.58 crores and for the 8 crores short term non fund based bank facilities as well.
At 11:18 AM, Bhageria share price was trading at Rs. 348.80, up by 5 per cent as compared to the 0.12 per cent rise in the Benchmark Index Nifty.  Bhageria is the Multibagger recommendation by Dynamic Levels. For the details on the stock, visit Bhageria share price history page of Dynamic Levels website.

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