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Grauer & Weil (India) Ltd.

BSE: 505710 Sector: Industrials
NSE: N.A. ISIN Code: INE266D01021
BSE 15:52 | 16 Feb 67.25 -2.85
(-4.07%)
OPEN

69.55

HIGH

70.75

LOW

67.00

NSE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 69.55
PREVIOUS CLOSE 70.10
VOLUME 180813
52-Week high 85.50
52-Week low 35.45
P/E 26.37
Mkt Cap.(Rs cr) 1,525
Buy Price 67.25
Buy Qty 522.00
Sell Price 0.00
Sell Qty 0.00
OPEN 69.55
CLOSE 70.10
VOLUME 180813
52-Week high 85.50
52-Week low 35.45
P/E 26.37
Mkt Cap.(Rs cr) 1,525
Buy Price 67.25
Buy Qty 522.00
Sell Price 0.00
Sell Qty 0.00

Grauer & Weil (India) Ltd. (GRAUERWEIL) - Company History

Incorporated in 1957 as a private limited company, Grauer & Weil (India) (GWL) was converted into a public limited company in Feb.'61. It was promoted by Ramanlal Shah and Kanchanlal Shah. GWL manufactures metal finishing plants, equipment chemicals, buffing and finishing compounds, mops, wheels and brushes. Its engineering division manufactures various types of plants and equipment for other industries such as aerated soft drinks, heat-treatment systems and other chemical plants. To manufacture electro-chemicals the company had entered a technical collaboration with Union Inks and Graphics Pte Singapore. It had entered into the collaboration with M/s Enthone-OMI Inc. U.S.A. and M/s Aucos of Germany and M/s Kabushiki Kaisha Nippon Dacro Shamrock, Japan. A joint venture agreement has been entered into with M/s Goema GmbH of Germany to manufacture Effluent Treatment Plants and Metal Recovery Systems. In 1999-2000, the company has set up a new plant at Dadra for the manufacture of chemicals which is expected to offer considerable cost advantage in meeting the demands of customers in the western and southern parts of the country. The company has entered into Technical Collaboration with Manz GmbH of Germany and Surfilco Inc of USA for assistance in design,manufacture and marketing of Plating Plants,Filters,Pumps and other products. For setting up a Hydel Power Project at Ani in Himachal Pradesh the company conducted a feasibility study and submitted a detailed project report to HIMRUJA which is the state government agency for approving the same. The Himachal government has given permission of Himurja projet and the project has been transferred to Growel Energy company a fully owned subsidiary of the company. The company made a bonus issue in the ratio of 1:2 in 2002-03.