Finolex Industries Ltd Share Price – NSE /  BSE

Plastic products, Small Cap

TVS Supply Chain Solutions Ltd, Bata India Ltd, Usha Martin Ltd, Metro Brands Ltd are among the other stocks to see a surge in volumes on NSE today, 27 December 2024.

Finolex Industries Ltd recorded volume of 280.03 lakh shares by 14:14 IST on NSE, a 65.76 times surge over two-week average daily volume of 4.26 lakh shares. The stock gained 9.10% to Rs.259.00. Volumes stood at 2.18 lakh shares in the last session.

TVS Supply Chain Solutions Ltd clocked volume of 67.05 lakh shares by 14:14 IST on NSE, a 20.17 times surge over two-week average daily volume of 3.32 lakh shares. The stock gained 5.20% to Rs.178.67. Volumes stood at 2.1 lakh shares in the last session.

Bata India Ltd notched up volume of 21.29 lakh shares by 14:14 IST on NSE, a 17.22 fold spurt over two-week average daily volume of 1.24 lakh shares. The stock rose 2.48% to Rs.1,384.00. Volumes stood at 1.78 lakh shares in the last session.

Usha Martin Ltd recorded volume of 52.68 lakh shares by 14:14 IST on NSE, a 10.1 times surge over two-week average daily volume of 5.22 lakh shares. The stock gained 5.70% to Rs.383.05. Volumes stood at 3.78 lakh shares in the last session.

Metro Brands Ltd recorded volume of 11 lakh shares by 14:14 IST on NSE, a 9.73 times surge over two-week average daily volume of 1.13 lakh shares. The stock gained 4.41% to Rs.1,263.10. Volumes stood at 56841 shares in the last session.

Powered by Capital Market - Live News

Escorts Kubota Ltd, Jubilant Foodworks Ltd, Grasim Industries Ltd, Go Digit General Insurance Ltd are among the other stocks to see a surge in volumes on BSE today, 27 December 2024.

Finolex Industries Ltd witnessed volume of 3.35 lakh shares by 10:47 IST on BSE, a 6.55 times surge over two-week average daily volume of 51139 shares. The stock increased 8.96% to Rs.259.00. Volumes stood at 35190 shares in the last session.

Escorts Kubota Ltd saw volume of 17223 shares by 10:47 IST on BSE, a 2.99 fold spurt over two-week average daily volume of 5754 shares. The stock increased 4.42% to Rs.3,291.55. Volumes stood at 3478 shares in the last session.

Jubilant Foodworks Ltd notched up volume of 1.01 lakh shares by 10:47 IST on BSE, a 2.31 fold spurt over two-week average daily volume of 43735 shares. The stock rose 2.34% to Rs.720.10. Volumes stood at 46137 shares in the last session.

Grasim Industries Ltd notched up volume of 24708 shares by 10:47 IST on BSE, a 2.3 fold spurt over two-week average daily volume of 10730 shares. The stock rose 0.77% to Rs.2,500.35. Volumes stood at 5939 shares in the last session.

Go Digit General Insurance Ltd clocked volume of 1.1 lakh shares by 10:47 IST on BSE, a 2.01 times surge over two-week average daily volume of 55009 shares. The stock gained 1.44% to Rs.320.05. Volumes stood at 47001 shares in the last session.

Powered by Capital Market - Live News

Finolex Industries has appointed Saurabh Dhanorkar as Managing Director for a period of two years with effect from 21 November 2024.

Dhanorkar has been associated with the Company since 1983 in various roles and was Managing Director until 2012 when he retired. He is a qualified Chartered Accountant and has contributed significantly to the expansion of the Company from a Rs. 2 crore pipes manufacturing company to a multi-location petrochemicals and plastics processing giant. He retired as Managing Director in 2016 and has been associated with the Company as a Non-Executive Director for the past eight years.

Powered by Capital Market - Live News

Ajit Venkataraman stepped down as MD at the close of business hours on 20 November 2024.

Saurabh Dhanorkar has been associated with the company since 1983 in various roles and was MD until 2012, when he retired. He is a qualified CA and has contributed significantly to the expansion of the company from an Rs 2 crore pipes manufacturing company to a multi-location petrochemicals and plastics processing giant. He retired as MD in 2016 and has been associated with the company as a non-executive director for the past eight years.

Finolex Industries is the third-largest player in the PVC resin market and one of the largest manufacturers of PVC pipes in India. The company has three manufacturing facilities, one each in Pune and Ratnagiri (both in Maharashtra) and Masar, near Vadodara in Gujarat.

The company’s consolidated net profit declined 58.5% to Rs 40.67 crore on 6.2% drop in net sales to Rs 828.43 crore in Q2 FY25 over Q2 FY24.

Shares of Finolex Industries slipped 3.39% to Rs 253.65 on the BSE.

Powered by Capital Market - Live News