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Fiberweb (India) Ltd.

BSE: 507910 Sector: Industrials
NSE: N.A. ISIN Code: INE296C01020
BSE 12:28 | 16 Oct 13.50 0
(0.00%)
OPEN

13.55

HIGH

13.70

LOW

13.10

NSE 05:30 | 01 Jan Fiberweb (India) Ltd
OPEN 13.55
PREVIOUS CLOSE 13.50
VOLUME 4649
52-Week high 51.85
52-Week low 10.60
P/E 2.22
Mkt Cap.(Rs cr) 39
Buy Price 13.50
Buy Qty 260.00
Sell Price 13.70
Sell Qty 12.00
OPEN 13.55
CLOSE 13.50
VOLUME 4649
52-Week high 51.85
52-Week low 10.60
P/E 2.22
Mkt Cap.(Rs cr) 39
Buy Price 13.50
Buy Qty 260.00
Sell Price 13.70
Sell Qty 12.00

Fiberweb (India) Ltd. (FIBERWEBINDIA) - Company History

PVD Plast Mould Industries (PVD) was incorporated on 22 Oct.'85. The company was initially promoted by the Kanakia family and thereafter Pravin V Sheth and Sudhir V Sheth joined the promoters. Other group companies include Bharat Pipes & Fittings and Kunststoffe Industries. It came out with a rights issue at a premium of Rs 15 aggregating Rs 8.75 cr in Nov.'93. The object of this issue was to part-finance the proposed modernisation-cum-diversification scheme. The total project cost was estimated at Rs 10.50 cr. The company's products include jerry cans, caps, lids, gate valves, foot valves, crates, water tanks and vessels. It also has two 100% export-oriented divisions manufacturing waste-bags and spun-bonded non-woven polypropylene fabrics. Its clients include Hindustan Petroleum, BPCL, IOC, Standard Industries and Pidilite Industries. The company has a buy-back arrangement for its entire output of waste-bags guaranteed by Corovin, the world leader in supply of the product. PVD has also made arrangements with two companies, in the US and Germany, to sell its entire output of polypropylene fabrics.