Shri Venkatesh Refineries is trading at Rs. 130.00, marking an increase of 2.10 points or 1.64% compared to its previous close of Rs. 127.90 on the BSE. The stock opened at Rs. 129.50, with a trading range between Rs. 129.50 and Rs. 130.00, with 4000 shares exchanged.
The BSE 'M' group stock, with a face value of Rs. 10, recorded a 52-week high of Rs. 148.00 on June 21, 2024, and a 52-week low of Rs. 65.63 on August 23, 2023. Over the past week, the stock hit a high of Rs. 130.00 and a low of Rs. 122.00. The company's current market capitalization stands at Rs. 286.45 crore.
Promoters hold 73.53% of the company's shares, while Non-Institutional investors hold 26.47%. The company has secured approval to increase its oil refining capacity by 200 TPD at its Erandol, Jalgaon plant, requiring an investment of Rs. 40 crore. This expansion is planned for the fiscal year 2024-25 and was approved by the Board of Directors during their meeting on August 20, 2024.
Shri Venkatesh Refineries specializes in refining and preserving edible oils, particularly soybean and cottonseed oils.