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PBM Polytex Ltd.

BSE: 514087 Sector: Industrials
NSE: N.A. ISIN Code: INE501F01018
BSE LIVE 19:40 | 19 Oct 106.05 1.75
(1.68%)
OPEN

106.00

HIGH

107.90

LOW

106.00

NSE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 106.00
PREVIOUS CLOSE 104.30
VOLUME 869
52-Week high 119.00
52-Week low 68.40
P/E 8.93
Mkt Cap.(Rs cr) 86
Buy Price 106.20
Buy Qty 16.00
Sell Price 0.00
Sell Qty 0.00
OPEN 106.00
CLOSE 104.30
VOLUME 869
52-Week high 119.00
52-Week low 68.40
P/E 8.93
Mkt Cap.(Rs cr) 86
Buy Price 106.20
Buy Qty 16.00
Sell Price 0.00
Sell Qty 0.00

PBM Polytex Ltd. (PBMPOLYTEX) - Company History

PBM Polytex (PPL) was incorporated in Nov.'19 as Petlad Bulakhidas Mills Company. It was taken over by the House of Patodias in 1978. Later, its name was changed to PBM Polytex in Oct.'86. It is chaired by K K Patodia. Other group companies are Patodia Syntex, Rajen & Company, Brijlal Purushottamdas, etc. The company came out with a Rs 1.26-cr public issue in Mar.'90 to meet the long-term working capital needs and normal capital expenditure. The company manufactures all kinds of processing yarn, industrial yarn, hosiery yarn, etc. PPL exports to the US, the UK, Germany, Belgium, Japan, and other countries. To diversify its activities, the company has set up a texturising and filament yarn division in Silvassa. PPL is the co-promoter of Eurotex Industries and Exports -- the first 100% export-oriented spinning unit in the private sector. The company has been winning trophies for exemplary export performances for the last six years from TEXPROCIL. During the year 1999-2000, the total export performance reached new heights of Rs.7226 lacs i.e 31% higher than the previous year. To improve the quality of yarn the company is planning to go in for Modernisation of its Power Plant in Petlad Unit.This will minimise production loss and also the quality of yarn will improve.The Petlad unit has got the ISO 9002 Certification for quality standards.