Saboo Sodium Chloro Ltd share Price

Saboo Sodium Chloro operates the largest and the first salt refinery in India and markets its products under three brands of table salt—Surya Salt, Saboo Salt, and Tota Salt. Apart from table salt, the company is also involved in the manufacturing and marketing industrial salt and ice melters. The company is part of the Saboo group of companies, which dates back to the 1940s. The company’s headquarters are in Rajasthan.

On 22 January 2022, the market capitalisation of the company was Rs 65 crore. It reported consolidated sales of Rs 12.96 crore at the end of September 2022. The company’s total revenue rose 11% from the previous quarter and 18% from the same period last year. The company is listed on the Bombay Stock Exchange with the code 890170. It is not listed on the National Stock Exchange.

On 30 September 2022, the company’s shareholding pattern indicated a promoter stake of 48.6%. Foreign institutional investors do not hold any stake in the company. Domestic mutual funds and DIIs held a consolidated stake of 0.08%, while the public held a stake of 51.33% in the company. The company’s shareholding pattern has remained largely consistent over the past year (since September 2021). 

The company’s board of directors comprises Girdhar Saboo, Durgesh Sharma, Bikash Kumar Lakhotia, Neeraj Kumar Agarwal, Sangita Devi, and others. The chief financial officer of the company is Vishnu Prakash Gagrani. The company’s chief compliance officer and company secretary is Megha Sharma. The auditors of the company are P K S & Company. On 30 September 2022, the company had a total of 4.21 crore shares outstanding.

On 22 January 2023, Saboo Sodium Chloro’s share price on BSE was Rs 15.15. The share price touched a 52-week high of Rs 21.90 and a 52-week low of Rs 12.21. Its three-month return to investors was -3.42%, while its one-year return was -37.8%.

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