Support and Resistance Levels
Past performance
About ARCL Organics Ltd ARCL Organics Limited, initially established as Allied Chemical Private Limited in 1992, is a public limited company specializing in the manufacturing and sale of liquid and dry resins, as well as formaldehyde. The company has expanded its product range over the years and operates an integrated, fully automated petrochemical complex. Notably, ARCL supplied its formaldehyde technology to China in 2005. Following a strategic Scheme of Amalgamation, ARCL consolidated its operations with Allied Resins and Chemicals Limited, culminating in a merger with Aarem Chemicals in 2012, which solidified its current identity.
Significantly, ARCL Organics recently listed 8,000,000 equity shares at Rs. 10 each, effective September 29, 2023, marking its presence in the public markets. This development potentially enhances its capital base and market reach, offering traders a stake in a company with established expertise in the petrochemical sector.