Uniphos Enterprises gained 3.03% to Rs 17 at 12:45 IST on BSE, on reports the company plans to start realty business.
The stock hit a high of Rs 17.30 and a low of Rs 16 so far during the day. The stock has a 52-week high of Rs 68.90 on 7 January 2008 and a 52-week low of Rs 14.30 on 5 November 2008.
The company's current equity is Rs 5.09 crore. Face value per share is Rs 2.
As per reports, Uniphos Enterprises plans to use gains from a share transfer last week to start real estate business, retire its debt or pay dividends. The company has some real estate assets in Mumbai and neighbouring locations.
On 6 November 2008, Uniphos Enterprises transferred 28.50 lakh equity shares of United Phosphorus to Nerka Chemicals for Rs 110 per share.
Uniphos Enterprises reported a net loss of Rs 0.38 crore in Q2 September 2008 as compared to net loss of Rs 0.84 crore in Q2 September 2007. Total income rose 234.8% to Rs 3.08 crore in Q2 September 2008 over Q2 September 2007.
Uniphos Enterprises markets pesticides and pesticides intermediates. It also markets phosphorus and its compounds, mercury salts and other chemicals.
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