Supreme Petrochem Chennai operations disrupted due to heavy rains

The company does not anticipate material loss of revenue as customers can be serviced from the Company's EPS plant at village, Amdoshi/Wangani, District, Raigad, Maharashtra.

Dec 03, 2015 08:12 IST India Infoline News Service

News Newspaper Text
Supreme Petrochem Limited has announced that the operations of EPS Plant at Chennai have been disrupted due to heavy rains and floods. 
The expected downtime can be assessed only after normalcy return. However. the Company does not anticipate material loss of revenue as customers can be serviced from the Company's EPS plant at village, Amdoshi/Wangani, District, Raigad, Maharashtra.

The scrip opened at Rs. 122.9 and has touched a high and low of Rs. 123.8 and Rs. 118 respectively. So far 83014(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 1174.43 crore.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 136 on 05-Aug-2015 and a 52 week low of Rs. 62.55 on 31-Mar-2015. Last one week high and low of the scrip stood at Rs. 124.3 and Rs. 108.5 respectively.
The promoters holding in the company stood at 60.84 % while Institutions and Non-Institutions held 0.26 % and 38.9 % respectively.
The stock is currently trading below its 100 DMA.

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