Pradhin share price: Pradhin share is in the news today on Tuesday. The company’s stock has hit an upper circuit of 5% today and the stock had reached an intraday high of Rs 50.78. There is a big order behind this rise in the shares. Actually, the company has got the biggest work so far. The company said that it will import aromatic chemicals from Thailand’s Python Chemical Company Limited. The value of this order is ₹ 400 crore and it is the largest order in the history of the company. Pradhin’s share price reached the upper circuit for the second consecutive session.
What did the company say?
Pradhin Limited said in a BSE filing, “The company expects that this deal will open up new avenues for growth. Based on the demand and profitability of this chemical in the Indian market, Pradhin Limited plans to explore the possibility of importing other complex chemicals in the future. This strategic move is in line with our ongoing efforts to diversify our product offering and capitalise on emerging opportunities in the Indian chemical industry.”
The Company believes that this business will not only strengthen its foothold in the aromatic chemicals sector but also pave the way for future collaborations with global suppliers, thereby enhancing its business prospects and shareholder value.
Pradhin Share Price History
Pradhin stock is a penny stock and has gained over 15% in a month. The microcap stock has given a year-to-date (YTD) return of over 28%. The market cap of the company is ₹18.53 crore. The stock has gained 1400% since its price was Rs 3 in 2001. Its 52-week high price is Rs 67.18 and 52-week low price is Rs 33.03.
