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Kabra Extrusion Technik Ltd.

BSE: 524109 Sector: Engineering
NSE: KABRAEXTRU ISIN Code: INE900B01029
BSE LIVE 15:40 | 21 Sep 137.70 -1.85
(-1.33%)
OPEN

136.75

HIGH

139.40

LOW

136.10

NSE 15:48 | 21 Sep 137.05 -1.80
(-1.30%)
OPEN

139.00

HIGH

141.95

LOW

135.60

OPEN 136.75
PREVIOUS CLOSE 139.55
VOLUME 3208
52-Week high 168.00
52-Week low 96.05
P/E 26.18
Mkt Cap.(Rs cr) 439
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 136.75
CLOSE 139.55
VOLUME 3208
52-Week high 168.00
52-Week low 96.05
P/E 26.18
Mkt Cap.(Rs cr) 439
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Kabra Extrusion Technik Ltd. (KABRAEXTRU) - Company History

Incorporated in 1982, Kabra Extrusion Technik (KETL) was set up with the objective of manufacturing twin screw extruder machines, complete with downstream facilities for the manufacture of PVC pipes, profiles, sections and granules in technical collaboration with Battenfield Extrusion Technik, Germany. The company commenced commercial production at Vapi in late 1985 and subsequently used its own know-how to start making cheese winders required by the PP/HPPE tape plants. It entered into a technical collaboration with UNICOR Rahn Plastmachinen, Germany, to manufacture and market corrugators and lay flat machines. Corrugators are used to make corrugator pipes, lay-flat machines find application in drip irrigation. Ever since its public issue in May '89, KETL has shown attractive growth in sales and net profit. The company also set up a plant at Daman to create additional facilities for existing products so as to manufacture machinery for HDPE pipes. This unit went on stream from Feb.'95. KETL has entered into a joint venture agreement with Georg Sahm, Germany, and incorporated Kabra Georg Sahm winders for the manufacture of precision winders for PP/HDPE tapes, for woven sacks. The company also participated in a big way in the Plastindia'97 Exhibition held every three years in New Delhi. KETL having subsidiary of "Kabra George Sahm Winders Ltd" during the year 1998-99. During the year 1999-2000, the company entered into a new collaboration agreement with Battenfeld Extrusionstechnik GmbH, for manufacturing Twin Screw Plastic Extrusion Machinery BEX - 2 series along with post extrusion equipments. The company had issued bonus shares during the financial year 2003-04 and subsequent to the bonus issue,the paid up equity of the company has risen to Rs.6.86 crores. During 2003-04,Kabra Winders Limited ceases to be a subsidiary of the company since the dilution of equity holding from 74.90% to 29.30% in that company.