Camex has booked orders worth more than Rs 20 millions in plastic chemicals. Over the next couple of months the company is expecting to further consolidate its presence in the market by augmenting its manufacturing capacity and adding value added products in its portfolio.
This expansion & diversification will take advantage of the synergies of its existing skills in chemical manufacturing, distribution & marketing and contribute positively to the company's future earnings. It would augur well in the long term its quest of becoming one of the leading players in textile & plastic chemicals.
Shares of the company declined Rs 0.6, or 1.77%, to trade at Rs 33.25. The total volume of shares traded was 21,902 at the BSE (9.48 a.m., Monday).