Aarti Surfactants Ltd debuts at Rs. 504 in NSE

Aarti Surfactants Ltd, the demerged entity from Aarti Industries Ltd listed on BSE and NSE today. The stock the opened the day at Rs. 504 in NSE and Rs. 505 in BSE.

In NSE, the stock hit lower circuit of Rs. 478.80 after opening at Rs. 504. The total traded quantity was 4107 shares at an average price of Rs. 482.23. 229,074 equity shares were pending for sale.

In BSE, the stock hit lower circuit of Rs. 479.75 after opening at Rs. 505. The total traded quantity was 2129 shares at an average price of Rs. 484.09. 76,965 equity shares were pending for sale. The market capitalization of the company stood at Rs. 363.87 crore as per BSE price.

Aarti Surfactants Limited is a leading producer of ionic and non-ionic and specialty surfactants with a global footprint. The company primarily caters to the Home and Personal Care (HPC) industry with a wide range of innovative and high-quality products. (Non-ionic surfactants are those that can be used with high salinity or hard water, and are compatible with other types, and are excellent candidates for complex mixtures with low toxicity levels.). The company offers a broad range of surfactants and specialty products to FMCG companies in order to meet the ever-changing market dynamics.

Source : Equity Bulls

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