Kanoria Chemicals surges on receiving certificate of appreciation

Kanoria Chemicals & Industries is currently trading at Rs. 32.35, up by 0.45 points or 1.41% from its previous closing of Rs. 31.90 on the BSE. The scrip opened at Rs. 32.00 and has touched a high and low of Rs. 32.90 and Rs. 32.00 respectively. So far 2071 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 35.00 on 30-Apr-2014 and a 52 week low of Rs. 22.70 on 20-Dec-2013. Last one week high and low of the scrip stood at Rs. 35.00 and Rs. 31.60 respectively. The current market cap of the company is Rs. 143.75 crore. The promoters holding in the company stood at 74.43% while Institutions and Non-Institutions held 5.64% and 19.93% respectively. Kanoria Chemicals & Industries’ Visakhapatnam division has been awarded Certificate of Appreciation by the National Safety Council, Andhra Pradesh Chapter, on the occasion of the World Day for Safety and Health at work on April 28, 2014, in recognition of efforts of the management, staff and workers in achieving Occupational Health and Safety Assessment Series-OHSAS:18001:2007 Certification. Kanoria Chemicals & Industries is a certified leading manufacturer of chemical intermediates in India. It manufactures Chlor-Alkalis, Chlorine derivatives and water treatment chemicals.