Oricon Enterprises surges on the BSE
The company has entered into a business transfer agreement to sell Metal Crown Seals, Roll On Pilfer Proof Closures business

Oricon Enterprises is currently trading at Rs. 55.06, up by 1.52 points or 2.84% from its previous closing of Rs. 53.54 on the BSE.
The scrip opened at Rs. 53.50 and has touched a high and low of Rs. 57.40 and Rs. 53.24 respectively. So far 102621 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 54.00 on 07-Aug-2025 and a 52 week low of Rs. 27.02 on 21-Nov-2024.
Last one week high and low of the scrip stood at Rs. 54.00 and Rs. 48.10 respectively. The current market cap of the company is Rs. 864.70 crore.
The promoters holding in the company stood at 65.70 % while Institutions and Non-Institutions held 0.41 % and 33.88 % respectively.
Oricon Enterprises has entered into a business transfer agreement (BTA) with Guala Closures (India) for sale of its business of manufacturing, trading and sale of Metal Crown Seals and Roll On Pilfer Proof Closures (Sale of Undertaking) situated at MIDC Murbad in the State of Maharashtra by way of slump sale on a going concern basis. The company will receive a total consideration of Rs 42.50 crore after the completion of sale. The sale is expected to be completed by December 07, 2025. The sale is being undertaken to capitalise on business and explore new growth opportunities.
Recently, the board of directors of the company in their meeting held on August 07, 2025 had approved the same.
Oricon Enterprises is engaged in the business of manufacturing petrochemical products and developing real estate.