02 Apr 2025

Ganesh Benzoplast Shares Rise, Secures RS. 169.24 Crore Order from JSW Jaigarh Port

Ganesh Benzoplast is currently trading at RS. 116.30, up by 2.80 points or 2.47% from its previous closing of RS. 113.50 on the BSE.

The stock opened at RS. 115.05 and recorded a high of RS. 119.05 and a low of RS. 115.05. So far, 22,299 shares have been traded on the counter.

A BSE group 'B' stock with a face value of RS. 1, Ganesh Benzoplast reached a 52-week high of RS. 192.75 on April 2, 2024, and a 52-week low of RS. 100.70 on March 3, 2025. Over the past week, the stock’s high and low were RS. 119.05 and RS. 104.00, respectively. The company’s current market capitalization stands at RS. 837.24 crore.

The company’s shareholding pattern includes 39.02% held by promoters, 5.10% by institutions, and 55.89% by non-institutions.

In a major development, Ganesh Benzoplast has secured an order worth RS. 169.24 crore from JSW Jaigarh Port. The contract involves engineering, design, manufacturing, supply, erection, and commissioning of a Chemical Tank Farm Project on an EPC basis, including the construction of 11 chemical tanks, dock pipeline, and civil works. The project is expected to be completed in approximately 27 months.

Ganesh Benzoplast is engaged in manufacturing and exporting drug intermediates, pharmaceutical intermediates, bulk drug intermediates, food preservatives, lubricants, and API/bulk drugs.