IOL Chemicals & Pharmaceuticals rose 3.83% to Rs 75.90 at 14:28 IST on BSE after the company got renewal of 'Halal Certificate' from Hold Committee, Jamiat Ulama- E - Maharashtra.
The company made announcement during market hours today, 1 July 2015.
Meanwhile, the S&P BSE Sensex was up 244.99 points, or 0.88%, to 28,025.82
On BSE, so far 1.31 lakh shares were traded in the counter, compared with an average volume of 44,935 shares in the past one quarter.
The stock hit a high of Rs 75.90 and a low of Rs 73.30 so far during the day. The stock had hit a 52-week high of Rs 76.80 on 21 November 2014. The stock had hit a 52-week low of Rs 24.50 on 24 March 2015.
The stock had outperformed the market over the past one month till 30 June 2015, rising 51.5% compared with 0.17% fall in the Sensex. The scrip had also outperformed the market in past one quarter, gaining 155.15% as against Sensex's 0.7% decline.
The small-cap company has equity capital of Rs 49.96 crore. Face value per share is Rs 10.
IOL Chemicals & Pharmaceuticals said that the company has got renewal of 'Halal Certificate' from Hold Committee, Jamiat Ulama - E - Maharashtra for Ibuprofen, iso Buty / Benezene, Ethyl Acetate and other products of the company for the year 2015-2016. It will facilitate the company to explore the untapped export markets for its products, IOL Chemicals & Pharmaceuticals said.
IOL Chemicals & Pharmaceuticals is one of the leading organic chemicals manufacturer and supplier.
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