Fine Organic’s Stock Up Today After Subsidiary Buys 159.9 Acre Land in US
By Ankur Chandra | Published at: Jul 11, 2025 03:21 PM IST
Mumbai, July 11, 2025 – Shares of Fine Organic Industries Ltd (NSE: FINEORG) rose by 2.05% to ₹5,174.50 in early trade on Friday after the company announced the acquisition of a 159.92-acre land parcel in the US through its wholly owned subsidiary Fine Organics Americas LLC.
The announcement can signal the start of a local US production facility, enhancing global supply chain resilience and reducing logistics costs.
At 01:15 PM, the stock traded at ₹5,153.30 (1.63% higher than the previous close), falling a bit after reaching the day’s high at ₹ 5,230.00. The total traded volume was slightly over 24000. The day’s low was ₹5030, shortly after the markets opened for the day.
Strategic Land Acquisition in the US
In a regulatory filing under Regulation 30 of SEBI (LODR) Regulations, 2015, the company confirmed that the acquired land will be used to establish a full-scale manufacturing facility aimed at strengthening its presence across North, Central, and South America.
“This strategic move will help us better serve our existing customers, capture new growth opportunities, and reinforce our long-term commitment to the region,” Fine Organics stated.
The planning and development phase for the manufacturing facility is already underway.
Stock Market Reaction & Key Trading Data (as of 13:15 IST, July 11, 2025)
| Parameter | Value |
|---|---|
| Current Price | ₹5153.30 ▲ +₹82.80 (+1.63%) |
| Previous Close | ₹5,070.50 |
| Day’s Range | ₹5,030.00 – ₹5,230.00 |
| VWAP | ₹5,161.79 |
| Traded Volume | 0.24 lakh shares |
| Traded Value | ₹10.97 crore |
| Total Market Cap | ₹15,865 crore |
| Free Float Market Cap | ₹3,964.22 crore |
| 52-Week High (30-Jul-2024) | ₹5,958.85 |
| 52-Week Low (28-Feb-2025) | ₹3,407.00 |
| P/E Ratio (Adjusted) | 37.80 |
| Sector | Specialty Chemicals |
| Index | Nifty Total Market |
About Fine Organic Industries Ltd
Founded in India and listed on the NSE and BSE since July 2018, Fine Organic Industries Ltd specializes in oleochemical-based additives used in food, plastics, cosmetics, and other industries. The company services clients in over 80 countries and has a growing global manufacturing and distribution footprint.
With this land acquisition in South Carolina, Fine Organics reaffirms its commitment to global growth and localized production, especially in the rapidly expanding Americas market.
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