Paushak gains on receiving ‘Responsible Care Logo’ from ICC

Paushak is currently trading at Rs. 2460.00, up by 10.00 points or 0.41% from its previous closing of Rs. 2450.00 on the BSE.

The scrip opened at Rs. 2451.50 and has touched a high and low of Rs. 2500.00 and Rs. 2451.50 respectively.

The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 2870.00 on 01-Nov-2019 and a 52 week low of Rs. 1690.00 on 06-Feb-2019.

Last one week high and low of the scrip stood at Rs. 2560.00 and Rs. 2021.00 respectively. The current market cap of the company is Rs. 755.60 crore.

The promoters holding in the company stood at 66.71%, while Non-Institutions held 33.29% stake.

Paushak has received ‘Responsible Care Logo’ from Indian Chemical Council (ICC). Responsible Care is a global initiative of the chemical manufacturing industry that began in Canada in 1984, was enacted by the US chemical industry in 1988, and currently is practiced in 68 economies around the world.

There are 55 enlightened companies having Responsible Care (RC) logo in India, while a total of 148 companies are signatories to the programme, pursuing implementation of Codes of management practice.

Paushak is engaged in the manufacture of Phosgene & its derivatives. Phosgene is a versatile molecule and its derivatives have applications in diverse fields like pharmaceuticals, agrochemicals , polyurethanes, perfumeries, dyes, etc.

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