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Garware Hi Tech Films Ltd.

BSE: 500655 Sector: Industrials
NSE: GRWRHITECH ISIN Code: INE291A01017
BSE 00:00 | 03 Feb 622.30 1.60
(0.26%)
OPEN

625.00

HIGH

630.60

LOW

615.50

NSE 00:00 | 03 Feb 622.60 1.90
(0.31%)
OPEN

622.35

HIGH

624.00

LOW

615.85

OPEN 625.00
PREVIOUS CLOSE 620.70
VOLUME 3666
52-Week high 931.90
52-Week low 585.00
P/E 8.64
Mkt Cap.(Rs cr) 1,446
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 625.00
CLOSE 620.70
VOLUME 3666
52-Week high 931.90
52-Week low 585.00
P/E 8.64
Mkt Cap.(Rs cr) 1,446
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Garware Hi Tech Films Ltd. (GRWRHITECH) - Company History

Incorporated on Jun.'57 Garware Polyester (GPL) was primarily manufacturing moulds and dyes for the plastic manufacturers. In 1976 another group company Garware Plastics was merged with it and the name of the company was changed to Garware Plastics and Polyesters. Later on the company acquired its present name. It is a part of the Garware group and is managed by S B Garware Chairman and Managing Director of the company. The company is a leading manufacturer of polyester film in the country. Apart from polyester films the company has diversified into video magnetic tapes computer tapes audio magnetic tapes U-matic video cassettes and value-added products like sun-control films. GPL's exports comprise mainly of polyester film and film-based products to western Europe the US South Korea Australia and New Zealand. In 1994-95 Garware Photo and Polyester Films which manufactures plastic products ceased to be a subsidiary of the company. The company has formed Garware Chemicals Pvt Ltd a new company to implement a project for the manufacture of di-methyl terephthalate (DMT) the main raw material for the manufacture of polyester films.Garware Polyester International and Global Pet Films Inc are the subsidiaries of the company. The company's subsidiary Garware Chemicals Limited implemented DMT project with 60000 MT per annum capacity. The production was commenced in the early part of 1999-2000. The company opened warehousing and marketing outfit in Miami(USA) and UK.

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