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Garware Polyester Ltd.

BSE: 500655 Sector: Industrials
NSE: GARWARPOLY ISIN Code: INE291A01017
BSE 15:44 | 23 Feb 171.35 -3.80
(-2.17%)
OPEN

174.30

HIGH

178.50

LOW

169.05

NSE 05:30 | 01 Jan Garware Polyester Ltd
OPEN 174.30
PREVIOUS CLOSE 175.15
VOLUME 12868
52-Week high 265.90
52-Week low 118.30
P/E 15.06
Mkt Cap.(Rs cr) 400
Buy Price 0.00
Buy Qty 0.00
Sell Price 171.35
Sell Qty 167.00
OPEN 174.30
CLOSE 175.15
VOLUME 12868
52-Week high 265.90
52-Week low 118.30
P/E 15.06
Mkt Cap.(Rs cr) 400
Buy Price 0.00
Buy Qty 0.00
Sell Price 171.35
Sell Qty 167.00

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.