25 Apr 2025

Jayshree Chemicals Gains Over 4%, Board Approves Wind Mill Division Sale

Jayshree Chemicals is currently trading at RS. 9.25, up by 0.42 points or 4.76% from its previous close of RS. 8.83 on the BSE.

The stock opened at RS. 9.25 and has touched a high of RS. 10.59 and a low of RS. 8.90 so far. A total of 1,54,848 shares have been traded on the counter.

This BSE group 'X' stock, with a face value of RS. 10, hit a 52-week high of RS. 12.00 on December 19, 2024, and a 52-week low of RS. 6.80 on April 7, 2025. In the last week, it traded between a high of RS. 10.59 and a low of RS. 7.15. The company currently has a market capitalization of RS. 26.69 crore.

The promoter holding in the company stands at 46.27%, while institutional and non-institutional holdings are at 0.71% and 53.02%, respectively.

In a recent board meeting held on April 24, 2025, Jayshree Chemicals approved the sale of its wind mill division, involved in wind power generation, as a going concern on a slump sale basis to M/s Vaishnav Infra. The sale, expected to be completed by June 2025, will fetch RS. 2.76 crore.

Jayshree Chemicals is primarily engaged in the production of chemicals such as caustic soda, chlorine, hydrochloric acid, sodium hydrosulphite, sulphur dioxide, and sulphuric acid, and operates in both the power and chemical segments.