Camlin Fine rises 8%
By
Ruma Dubey
about 5 years ago
Camlin Fine Sciences is a bright star today morning, rising 8% to Rs.63.95, going very close to its 10% UC at Rs.65.15.
The stock is up after the company announced that the commercial production for Dahej product is most likely to be expected in January 2020.
The company said that 95% of the work is completed and it will begin trail runs this month.
Camlin Fine Sciences Limited (CFS) was formed after de-merging (mirror shareholding) the fine chemical business from Camlin Ltd. CFS categorizes their business into 3 different verticals based on their product portfolio, namely: Shelf-Life Solutions (which include anti-oxidants, its blends and additives), Performance chemicals and Aroma Chemicals.