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Garware Polyester Ltd.

BSE: 500655 Sector: Industrials
NSE: GARWARPOLY ISIN Code: INE291A01017
BSE LIVE 15:40 | 14 Dec 195.60 -7.45
(-3.67%)
OPEN

203.05

HIGH

204.50

LOW

194.10

NSE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 203.05
PREVIOUS CLOSE 203.05
VOLUME 9868
52-Week high 265.90
52-Week low 117.60
P/E 20.27
Mkt Cap.(Rs cr) 456
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 203.05
CLOSE 203.05
VOLUME 9868
52-Week high 265.90
52-Week low 117.60
P/E 20.27
Mkt Cap.(Rs cr) 456
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Garware Polyester Ltd. (GARWARPOLY) - Company History

Incorporated on Jun.'57, Garware Polyester (GPL) was primarily manufacturing moulds and dyes for the plastic manufacturers. In 1976, another group company Garware Plastics was merged with it and the name of the company was changed to Garware Plastics and Polyesters. Later on, the company acquired its present name. It is a part of the Garware group and is managed by S B Garware Chairman and Managing Director of the company. The company is a leading manufacturer of polyester film in the country. Apart from polyester films, the company has diversified into video magnetic tapes, computer tapes, audio magnetic tapes, U-matic video cassettes, and value-added products like sun-control films. GPL's exports comprise mainly of polyester film and film-based products, to western Europe, the US, South Korea, Australia and New Zealand. In 1994-95, Garware Photo and Polyester Films, which manufactures plastic products, ceased to be a subsidiary of the company. The company has formed Garware Chemicals Pvt Ltd, a new company, to implement a project for the manufacture of di-methyl terephthalate (DMT), the main raw material for the manufacture of polyester films. Garware Polyester International and Global Pet Films Inc are the subsidiaries of the company. The company's subsidiary, Garware Chemicals Limited implemented DMT project with 60000 MT per annum capacity. The production was commenced in the early part of 1999-2000. The company opened warehousing and marketing outfit in Miami(USA) and UK.