The company will continue to closely monitor the situation and take appropriate action as per regulatory guidance. The company shall keep all the stakeholders informed about further update(s) through stock exchanges, it said.
Revenue of the company went up by 5.3 percent in Q4 at Rs 257 crore compared to Rs 244 crore in the year-ago period.
The facility would link customers to the company's global packaging design capabilities.
The company's net stood at Rs 12.1 crore during the last quarter of 2015-16, Clariant Chemicals (India) said in a release issued here.
GSK Pharma | Coal India | Tilaknagar Industries | Accel Frontline | Tech Mahindra | Heidelberg Cement | Wheels India | Clariant Chemicals | Polaris Financial | Essar Ports | GMR Infrastructure | Torrent Pharma | Kingfisher | Tata Motors | HPCL and ONGC are stocks, which are in the news today.
"The company has shortlisted four Mumbai-based real estate developers for selling its 87-acre land parcel in Thane," a media report said quoting unnamed sources.
Liberty Shoes | Merck | Rallis India | Dewan Housing Finance | Orbit Corporation | Karnataka Bank | JK Lakshmi Cement | Radico Khaitan | Clariant Chemicals | Idea Cellular | TCS | NHPC | Tata Steel and Jet Airways are stocks, which are in the news today.
Archroma India is owned by S K Spice Sarl, an affiliate of S K Capital Partners, a US based private investment firm and a total consideration for transaction is fixed at Rs 209.15 crore.
Liberty Shoes | Kajaria Ceramics | Delta Corp | Clariant Chemicals | Sanofi India | Trent | EID Parry | Chennai Petroleum | GMDC | Shree Cement | IFCI | Petronet LNG | Jindal Steel | National Fertilisers | Neyveli Lignite | Hindalco | Fortune Financial | TVS Motor and Tata Teleservices are stocks, which are in the news today.
Prakash Diwan of Altamount Capital Management is of the opinion that one may buy Clariant Chemicals with a target of Rs 529 and stop loss of Rs 499 and advises selling Raymond with a target of Rs 226 and stop loss of Rs 239.
Sharmila Joshi of Peerless Securities advised buying Exide Industries with a target price of Rs 139 and Hexaware Technologies with a target price of Rs 110.
SP Tulsian of sptulsian.com has a target of Rs 50 for SpiceJet from one year perspective and Rs 600 for Clariant Chemicals in the next six months.
Apollo Tyres | Shriram City Union Finance | IOC | Talwarkars | Clariant Chemicals | Bajaj Auto | Tata Motors | Deccan Chronicle Holdings | HDIL | SAIL and Sterlite Industries are stocks, which are in the news today.
Clariant Chemicals (India) touched a new 52-week low of Rs 475 in initial trade on Thursday, but immediately it managed to rebound with gains of nearly 1 percent as the company is going to sell some part of business operations at more than Rs 200 crore.
Shares of Clariant Chemicals rallied as much as 8 percent to touch an intraday high of Rs 673 on Thursday on selling business units to SK Capital.
Clariant Chemicals informed that the register of members & share transfer books of the company will remain closed from April 14, 2012 to April 26, 2012 (both days inclusive) for the purpose of payment of final dividend.