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Modipon Ltd.

BSE: 503776 Sector: Industrials
NSE: MODIPON ISIN Code: INE170C01019
BSE 15:25 | 18 Jan 35.25 -1.25
(-3.42%)
OPEN

35.25

HIGH

35.55

LOW

35.25

NSE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 35.25
PREVIOUS CLOSE 36.50
VOLUME 162
52-Week high 65.85
52-Week low 24.05
P/E
Mkt Cap.(Rs cr) 41
Buy Price 35.25
Buy Qty 21.00
Sell Price 0.00
Sell Qty 0.00
OPEN 35.25
CLOSE 36.50
VOLUME 162
52-Week high 65.85
52-Week low 24.05
P/E
Mkt Cap.(Rs cr) 41
Buy Price 35.25
Buy Qty 21.00
Sell Price 0.00
Sell Qty 0.00

Modipon Ltd. (MODIPON) - Company History

Modipon was established in 1965 as a joint venture between the Modi group and Rohm & Haas (R&H), Philadelphia, US. Indofil Chemicals was amalgamated with Modipon with effect from Jul.'82. Initially, the company manufactured only synthetic yarn (nylon and polyester filament yarn). Subsequent to the amalgamation, Modipon entered into the field of leather chemicals, agro-chemicals and other industrial chemicals, previously manufactured by Indofil. Modipon has entered into a technical collaboration with NOY Engineering, Italy, for the latest technology in nylon and polyester filament yarns. It undertook an expansion programme of its fibres division which will increase the production capacity of synthetic filament yarn by 7500 tpa. The chemicals division is carrying on a debottlenecking and technological upgradation programme which will increase the capacity to manufacture mancozeb fungicide at its Thane plant while controlling effluent and pollution levels at the plant. The Fibres Division has become the first manufacturing unit in synthetic Filament Yarn industry to get ISO 9001:2000 certification during 2000-01.