Manali Petrochemicals Ltd share Price Today

Manali Petrochemicals Ltd. is in the petrochemicals sector, having a market capitalization worth Rs. 1,893 crores as of March 31, 2022. Its date of incorporation is June 11, 1986. As of September 2021, it reported consolidated net sales worth Rs. 436.04 crores, up 101.19% Y-o-Y. The company is listed on the Bombay Stock Exchange (BSE) with the code 500268 and the National Stock Exchange (NSE) with the code MANALIPETC.

Manali Petrochemicals Ltd. manufactures and supplies innovative polyurethane raw materials and blended systems for several industries like furniture, appliances, footwear, automotive, paints, coatings, food, fragrances, and pharmaceuticals. Its headquarters are in Chennai.

MPL operates in Singapore through its wholly-owned subsidiary AMCHEM Specialty Chemicals Limited. In the UK, it has a presence through its step-down subsidiaries AMCHEM Specialty Chemicals and Notedome Limited. The company’s top management includes Mr. Ashwin C Muthiah as Chairman, Mr. Muthukrishnan Ravi as Managing Director, and Mr. Chatapuram Swaminathan Shankar as Director.

For the year ending March 31, 2021, the key product/revenue segments include Propylene Oxide, Propylene Glycol, Polyol, Duty Drawback, and Scrap. The company reported a consolidated total income and profit of Rs. 494.14 crores and Rs. 110.09 crores respectively for the fourth quarter ending March 31, 2021. For FY 20-21, the company recorded a total income and profit of Rs. 1037.98 crores and Rs. 201.23 crores respectively.

The company’s shareholding pattern in December 2021 indicates 44.86% Manali Petro share with promoters, 2.68% share with Foreign Institutional Investors, 0.05% share with Domestic Institutional Investors, and the remaining 52.41% share with the general public. There has been no change in promoter and DII holding from September 30, 2021, to December 31, 2021. The FII share has increased by 0.88%, and others have decreased by 0.88%.

The BSE Manali Petro share price on March 31, 2022, is Rs. 108.70. The NSE Manali Petrochemical share price is Rs. 108.85. The 52-week lowest price for Manali Petrochemicals share was Rs. 58.80, and the 52-week highest Manali share price was Rs. 138.65. The company is listed on key indices, including S&P BSE SmallCap, S&P BSE AllCap, S&P BSE Basic Materials, and S&P BSE MidSmallCap.

Disclaimer:- ICICI Securities Ltd. (I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is a Member of National Stock Exchange of India Ltd (Member Code :07730), BSE Ltd (Member Code :103) and Member of Multi Commodity Exchange of India Ltd. (Member Code: 56250) and having SEBI registration no. INZ000183631. Name of the Compliance officer (broking): Mr. Anoop Goyal, Contact number: 022-40701000, E-mail address: complianceofficer@icicisecurities.com. Investment in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein above shall not be considered as an invitation or persuasion to trade or invest.  I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. The contents herein above are solely for informational purpose and may not be used or considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments or any other product. Investors should consult their financial advisers whether the product is suitable for them before taking any decision. The contents herein mentioned are solely for informational and educational purpose.

Manali Petrochemicals share price as on 27 Apr 2024 is Rs. 77.5. Over the past 6 months, the Manali Petrochemicals share price has increased by 11.11% and in the last one year, it has increased by 12.24%. The 52-week low for Manali Petrochemicals share price was Rs. 55.95 and 52-week high was Rs. 87.2.