Balaji Amines Ltd share Price Today

Balaji Amines Limited is an Indian company belonging to the chemical sector. It is engaged in the business of manufacturing and distributing Methylamines, Ethylamines, and their derivatives. The company also deals in speciality chemicals and pharma excipients apart from its main products. The company was founded in 1988 and has its headquarters in Solapur, Maharashtra. As of 13 October 2022, the market capitalisation of the company is Rs 9,846 crore.

The company got listed as a public company in 1995. It is listed on the National Stock Exchange (NSE) under the code BALAMINES as well as the Bombay Stock Exchange (BSE) under the code 530999.

Balaji Amines also runs a five-star hotel in Solapur and manufactures CFL lamps. It is an ISO 9001: 2015 certified company, and its amines products include Monomethylamine (MMA), Dimethylamine (DMA), and Trimethylamine (TMA). Its derivatives include Di-Methyl Acetamide (DMAC), Di-Ethyl Amine Hydrochloride (DEA HCL), and Tri-Methyl Amine Hydrochloride (TMA HCL). For the quarter that ended June 2022, the company has reported consolidated sales of Rs 670.17 crore and a net profit of Rs 122.97 crore.

In June 2022, the shareholding pattern of the company reflected a 53.70% stake in the company was held by promoters, a 41.75% stake was held by retail investors and others, a 4.51% stake was held by Foreign Institutional Investors (FIIs), and the remaining 0.04% was invested in mutual funds. The management team of the company includes Mr A Prathap Reddy (Executive Chairman), Mr N Rajeswar Reddy (Joint Managing Director), Mr D Ram Reddy (Managing Director), Mr G Hemanth Reddy (Chief Financial Officer), and Mr T Naveen Chandra (Independent Director), among others.

On 13 October 2022, Balaji Amines Limited’s share price closed at Rs 3038.75 per share at the NSE and Rs 3031.85 at the BSE. Balaji Amine shares’ 52-week high and 52-week low prices are Rs 4,645.00 and Rs 2,692.75, respectively. The one-year return of the share is -31.67%, and the dividend yield is 0.20%. The PE and PE ratio of this share, as of 13 October 2022, are 24.553 and 7.878, respectively.

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Balaji Amines share price as on 27 Apr 2024 is Rs. 2221.35. Over the past 6 months, the Balaji Amines share price has increased by 8.09% and in the last one year, it has increased by 3.66%. The 52-week low for Balaji Amines share price was Rs. 1880 and 52-week high was Rs. 2735.