Introduction:
Chemical stock has partnered with Citizen Solar Pvt. Ltd. to recycle used/waste solar panels through its subsidiary. This collaboration enhances its sustainability efforts and strengthens its role in the renewable energy sector, aligning with the company’s environmental goals.
Share Price movement of Kemistar Corporation :
On February 24, 2025, Kemistar Corporation Limited opened at ₹77.58, reaching a high of ₹77.58, up 4.97% from its previous close of ₹73.89 and a low of ₹77.56. Currently, it is trading at ₹77.56, with a market cap of ₹83.45 crore.
Kemistar Corporation signs new agreement:
Kemistar Corporation Limited’s wholly owned subsidiary, K P International Private Limited, has entered into an agreement with Citizen Solar Pvt. Ltd. to receive used/waste solar panels for recycling. This partnership supports the company’s focus on sustainable practices.
The collaboration will facilitate the recycling of solar panels, contributing to Kemistar’s environmental initiatives. This move strengthens the company’s role in the renewable energy sector and aligns with its commitment to sustainability and waste management solutions.
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Ace investor holding of Kemistar Corporation:
Kirit Jivrajbhai Patel holds 150,681 shares of Kemistar Corporation, representing 1.40% of the company. The investment is valued at ₹1.2 crore, with no change from the previous quarter, indicating stability and confidence in the company’s future growth.
Ramesh Jadavbhai Harkhani holds 150,000 shares of Kemistar Corporation, representing 1.39% of the company. The investment is valued at ₹1.2 crore, with a new addition this quarter, signaling confidence in the company’s future growth and market potential.
Stock performance of Kemistar Corporation for Period of 1 week, 6 months and 1 year:
Kemistar Corporation’s stock saw a 3.90 percent increase over the past week, reflecting short-term growth. However, it faced a 19.6 percent decline over the last six months, indicating challenges. Over the past year, the stock rose 76.8 percent, showcasing strong long-term performance.
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Shareholding pattern of Kemistar Corporation :
| Summary | Dec-24 | Sep-24 | Jun-24 |
| Promoter | 74.80% | 74.80% | 74.80% |
| FII | 0% | 0% | 0% |
| DII | 0% | 0% | 0% |
| Public | 25.20% | 25.20% | 25.20% |
About Kemistar Corporation :
Kemistar Corporation is involved in manufacturing and supplying specialty chemicals for various industries, including textiles and industrial applications. The company focuses on sustainable practices and product innovation, offering high-quality solutions aimed at enhancing environmental and operational performance across sectors.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.
