Gujarat State Fertilizers & Chemicals Ltd (GSFC) saw a slight rise in its share price, trading at Rs. 197.55 on the BSE, up by 1.75 points or 0.89% from its previous close of Rs. 195.80. The stock opened at Rs. 198.95 and reached a high of Rs. 201.85 and a low of Rs. 191.70 during the trading session, with 2,54,038 shares exchanged.

This BSE 'A' group stock, which has a face value of Rs. 2, hit its 52-week peak at Rs. 322.45 on January 23, 2024, and a 52-week low of Rs. 179.15 on November 22, 2023. Over the past week, its high and low stood at Rs. 215.20 and Rs. 191.70, respectively. GSFC currently holds a market cap of Rs. 7,895.83 crore. Promoters hold 37.84% of the company’s equity, with Institutions and Non-Institutions holding 24.11% and 38.05% respectively.

GSFC’s board has recently approved an investment of Rs. 28.85 crore in its subsidiary, Vadodara Jal Sanchay Private Limited (VJSPL), via equity funding, to support a tertiary wastewater treatment project. The funds raised will be directed towards wastewater management initiatives, with the board’s in-principle approval granted on November 12, 2024. 

GSFC primarily focuses on the production of fertilizers and chemicals.