Block Deal on Mangalore Chemicals; soars 16.7%

Around 38.8 lakh shares were traded in a single block at Rs. 41.50 on the BSE.

Shares of  Mangalore Chemicals & Fertilizers were trading higher 16.7% at Rs. 48.40 on BSE today. Around 38.8 lakh shares were traded in a single block at Rs. 41.50 on the BSE.

The scrip opened at Rs. 41.5 and has touched a high and low of Rs. 48.8 and Rs. 41.5 respectively. So far 4336996(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 493.04 crore.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 97.15 on 31-Dec-2014 and a 52 week low of Rs. 40 on 15-Dec-2015. Last one week high and low of the scrip stood at Rs. 46.5 and Rs. 40.65 respectively.

The promoters holding in the company stood at 75 % while Institutions and Non-Institutions held 1.76 % and 23.24 % respectively.

The stock is currently trading below its 200 DMA.