Basic materials stocks were trading with gains, with the S&P BSE Basic Materials index rising 77.9 points or 1.72% at 4619.19 at 09:49 IST. Among the components of the S&P BSE Basic Materials index, Aarti Surfactants Ltd (up 16.59%), National Fertilizer Ltd (up 13.77%),Deepak Fertilizers & Petrochemicals Corp Ltd (up 12.67%),Rashtriya Chemicals & Fertilizers Ltd (up 10.64%),Privi Speciality Chemicals Ltd (up 5.81%), were the top gainers. Among the other gainers were Zuari Agro Chemicals Ltd (up 5.78%), Jindal Stainless Ltd (up 5.11%), Mangalore Chemicals & Fertilizers Ltd (up 4.93%), Vinati Organics Ltd (up 4.91%), and National Peroxide Ltd (up 4.89%). On the other hand, Hindustan Copper Ltd (down 4.93%), Vikas Wsp Ltd (down 2.51%), and Star Paper Mills Ltd (down 1.97%) moved lower.
Basic materials stocks were trading with gains, with the S&P BSE Basic Materials index rising 77.9 points or 1.72% at 4619.19 at 09:49 IST. Among the components of the S&P BSE Basic Materials index, Aarti Surfactants Ltd (up 16.59%), National Fertilizer Ltd (up 13.77%),Deepak Fertilizers & Petrochemicals Corp Ltd (up 12.67%),Rashtriya Chemicals & Fertilizers Ltd (up 10.64%),Privi Speciality Chemicals Ltd (up 5.81%), were the top gainers. Among the other gainers were Zuari Agro Chemicals Ltd (up 5.78%), Jindal Stainless Ltd (up 5.11%), Mangalore Chemicals & Fertilizers Ltd (up 4.93%), Vinati Organics Ltd (up 4.91%), and National Peroxide Ltd (up 4.89%). On the other hand, Hindustan Copper Ltd (down 4.93%), Vikas Wsp Ltd (down 2.51%), and Star Paper Mills Ltd (down 1.97%) moved lower.
Read more about Privi Speciality Chemicals Ltd leads gainers in A group on Business Standard. HFCL Ltd, Indiabulls Real Estate Ltd, L&T Technology Services Ltd and Apcotex Industries Ltd are among the other gainers in the BSE s A group today, 19 January 2021.
Fairchem Organics lists at ₹659 after demerger
December 24, 2020
Promoters launch open offer at ₹575.53 a share
The stock of Fairchem Organics, the resultant entity from Fairchem Speciality Ltd, got listed on Thursday at ₹659 on the BSE and closed at ₹640.
The equity shares of Fairchem Organics Ltd were admitted to dealings on the BSE under ‘T’ group from Thursday.
FIH Mauritius Investments Ltd along with FIH Private Investments Ltd, Nahoosh Jariwala and others, as the persons acting in concert, have announced a mandatory open offer for acquisition of up to 33.78 lakh shares fully paid-up equity shares of face value of ₹10 each from the public shareholders of Fairchem Organics, representing 25.94 per cent, of the voting share capital, at ₹575.53 a share for total consideration of ₹194.41 crore.