Omkar Speciality Chemicals trades higher on the bourses Reliance (09/05/2012)
Omkar Speciality Chemicals is currently trading at Rs. 71.60, up by 2.35 points or 3.39% from its previous closing of Rs. 69.25 on the BSE.
The scrip opened at Rs. 69.00 and has touched a high and low of Rs. 74.50 and Rs. 69.00 respectively. So far 29398 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 93.80 on 26-Jul-2011 and a 52 week low of Rs. 47.85 on 07-Jun-2011.
Last one week high and low of the scrip stood at Rs. 74.50 and Rs. 61.40 respectively. The current market cap of the company is Rs. 143.38 crore.
The promoters holding in the company stood at 60.10% while Institutions and Non-Institutions held 11.10% and 28.80% respectively.
Omkar Speciality Chemicals has been accorded the coveted status of ‘Star Export House’ in accordance with the provisions of the Foreign Trade Policy, 2009-2014 by the Ministry of Commerce and Industry, Department of Commerce, Government of India. This makes the company eligible for many privileges that will help enhance its business and exports revenues.
Besides, this is the highest recognition given to the company, based on its cumulative value of exports in the past couple of years, along with consistent export track record and continual growth in turnover and foreign exchange earnings.
The Omkar Speciality Chemicals is mainly engaged in the manufacture and sale of speciality chemicals viz., selenium compounds, iodine compounds, molybdenum compounds etc. and pharma intermediates viz., Potassium Iodate, Bismuth Ammonium Citrate, Bromoform etc.