Bhagiradha Chemicals hits record high; stock zooms 70% from June low

The stock rallied 12 per cent to hit a record high of Rs 1,254.60 on Friday's intra-day trade. That apart, the stock bounced back 70 per cent from its June 21, 2022, low of Rs 736.30.

Shares of Bhagiradha Chemicals and Industries surged 12 per cent to hit a record high of Rs 1,254.60 on the BSE in Friday’s trade, on healthy outlook. The stock the company engaged in manufacture of agro chemicals has bounced back 70 per cent from its low of Rs 736.30 that it had touched on June 21, 2022. It surpassed its previous high of Rs 1,176.95 on April 2022.

The board of directors of the company is scheduled to meet on Monday, August 8, 2022, to consider and approve the financial results for the quarter ended June 30, 2022.