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Pasupati Acrylon Ltd.

BSE: 500456 Sector: Industrials
NSE: PASUPTACRY ISIN Code: INE818B01023
BSE 15:40 | 17 Jan 27.90 -0.25
(-0.89%)
OPEN

28.45

HIGH

28.45

LOW

26.50

NSE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 28.45
PREVIOUS CLOSE 28.15
VOLUME 68464
52-Week high 32.85
52-Week low 20.90
P/E 10.33
Mkt Cap.(Rs cr) 249
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 28.45
CLOSE 28.15
VOLUME 68464
52-Week high 32.85
52-Week low 20.90
P/E 10.33
Mkt Cap.(Rs cr) 249
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Pasupati Acrylon Ltd. (PASUPTACRY) - Company History

Pasupati Acrylon (PAL), promoted by Mukesh Jain, has established an acrylic fibre plant at Thakurdwara, UP, in technical collaboration with SNIA-BPD (of the Fiat group), Italy, which has supplied the technology to produce acrylic fibre by the continuous wet process. The project, with an installed capacity of 15,000 tpa, commenced production in Nov.'90. After the de-bottlenecking scheme, the installed capacity rose to 18,000 tpa in Jul.'93. The company has installed an additional thermo-stretching line to produce more value-added high-shrinkage fibres. The acrylic fibres find application in woollen knitwear, hand-knitting yarn, woollen and worsted fabrics, blankets, carpets, sportswear, etc. It went public with a rights offer in Oct.'93 to enhance the margin money for working capital. To achieve better marginal contribution without any substantial increase in fixed overheads, to meet global competition company has taken up expansion plan during 1993, to increase the production capacity from 15000 TPA to 22500 TPA. By increasing level of production this would give company a competitive edge. The Company's extraction based turbine to reduce utility cost has been commissioned during the last quarter of 1999-2000.