Bodal Chemicals share price gained 4.2 per cent on the NSE after High Court of Gujarat approved the Scheme of Amalgamation of Bodal Agrotech with the firm.
At 2:55 pm, Bodal Chemicals share price traded 4.13 per cent higher on the NSE. So far over 4 lac shares were traded on the NSE counter, as compared to the average volume of 6 lac shares recorded in a span of 20 days. The stock hit a high of Rs 127.95 and a low of Rs 120.90 so far during the day.
The stock hit a 52 week low of Rs 42.10 (14-Dec-15). The stock had under performed the market towards the end of October till 23 November 2016, falling 22.29 per cent. The small-cap company has an equity capital of Rs 21.82 cr. Face value per share is Rs 2.
Other Highs and Lows of the Stock:
| 52 Week High (Rs.) | 154.50 (05-Oct-16) |
| Life Time high (Rs.) | 154.50 (05-Oct-16) |
| Life Time low (Rs.) | 4.95 (18-Jul-13) |
Bodal Chemicals' net profit rose 45.58 per cent to Rs 34.05 cr on 28.5 per cent rise in total income to Rs 332.60 cr in Q2 September 2016 over Q2 September 2015.
Bodal Chemicals is engaged in manufacturing of acid, direct and reactive dyestuffs and dye intermediates for textile, leather, plastics and papermaking applications.
Out of the Top 500 Shares, Bodal Chemicals is one of multibagger Stocks, recognized by the Dynamic Levels Researchers and Stock analysts. According to Dynamic Levels Researchers, the stock can be a good investment opportunity and can give you good returns. Bodal Chemicals is a well analyzed stock, based on technical and fundamental research. It is traded in good volumes.In order to acquire further details on the support and resistance refer to Bodal Chemicals share price history. Here, you will also come across other fundamentals and financials of the stock.
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