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Hardcastle & Waud Mfg Co Ltd.

BSE: 509597 Sector: Consumer
NSE: N.A. ISIN Code: INE722D01015
BSE 00:00 | 20 Jan 190.00 0.50
(0.26%)
OPEN

189.50

HIGH

190.00

LOW

189.50

NSE 05:30 | 01 Jan Hardcastle & Waud Mfg Co Ltd
OPEN 189.50
PREVIOUS CLOSE 189.50
VOLUME 20
52-Week high 308.95
52-Week low 148.50
P/E 40.51
Mkt Cap.(Rs cr) 13
Buy Price 190.00
Buy Qty 10.00
Sell Price 189.95
Sell Qty 4.00
OPEN 189.50
CLOSE 189.50
VOLUME 20
52-Week high 308.95
52-Week low 148.50
P/E 40.51
Mkt Cap.(Rs cr) 13
Buy Price 190.00
Buy Qty 10.00
Sell Price 189.95
Sell Qty 4.00

Hardcastle & Waud Mfg Co Ltd. (HARDCASTWAUD) - Company History

Hardcastle & Waud Manufacturing Company manufactures powder paints used in powder coatings (mainly for consumer durables like washing machines), varnishes and synthetic resins. The company diversified its production pattern. It set up a pre-colour coated steel coil project which went into commercial production in Mar.'95. It has entered into a technical collaboration agreement with Oxyplast, Belgium, to produce special types of epoxide resins required for the coil coating plant. The installed capacity in the resin plant has been expanded. The company has been appointed by WD-40-Company, US, to exclusively market its products in India. It has signed a joint venture agreement with Soudal, Belgium, to manufacture various types of adhesives, sealants and roofing compounds. In 1994-95, various products like reactive polyamides, hammertone medium, tri-methylol propane oleate and fast drying alkyd were developed and commercialised. Development work on urea formaldehyde resins, acrylated alkyd and thermoplastic acrylic resin is at an advanced stage and it is to be commercialised soon. Excessant Asbestos Jointing Ltd, subsidiary company has voluntarily wound-up with effect from 4th September, 1997, due to adverse business condition and severe competition from small scale sector. The company's business was re-structured by demerger of Sarigam Unit and transferring the same to Hawcoplast Chemicals Ltd as an ongoing concern effective from 1st April 1999.