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Harrisons Malayalam Ltd.

BSE: 500467 Sector: Agri and agri inputs
NSE: HARRMALAYA ISIN Code: INE544A01019
BSE 00:00 | 13 Apr 142.55 3.65
(2.63%)
OPEN

140.00

HIGH

146.05

LOW

140.00

NSE 00:00 | 13 Apr 143.45 4.25
(3.05%)
OPEN

139.25

HIGH

146.45

LOW

139.25

OPEN 140.00
PREVIOUS CLOSE 138.90
VOLUME 6144
52-Week high 171.00
52-Week low 54.85
P/E 9.98
Mkt Cap.(Rs cr) 263
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 140.00
CLOSE 138.90
VOLUME 6144
52-Week high 171.00
52-Week low 54.85
P/E 9.98
Mkt Cap.(Rs cr) 263
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Harrisons Malayalam Ltd. (HARRMALAYA) - Company History

Harrisons Malayalam Ltd. a member of the RPG group is into various businesses including tea and rubber plantations; structural civil mechanical and electrical engineering activities; trading in and export of tea coffee and spices; estate supplies and trading clearing shipping air travel and air cargo activities; and bio-technology. Harisons Malayalam formed in 1984 with the merger of Harrisons & Crossfield and Malayalam Plantations has came out with a rights issue in 1992 to part-finance its expansion and diversification projects. The company's factories i.e. Surianalle(Tea Factory) Kumbazha Centrifuge(Rubber Factory) and Achoor Factory are certified with ISO 9002.Through a JV (i.e. Harrisons Universal Flowers) with Universal Plants of France the company entered the floriculture market. It exports Flowers to Holland. It plans to introduce new varieties and also develop the domestic market. Harrisons Universal Flowers ceased to be a subsidiary of the company during 1999-2000.The tissue culture project introduced a new product called Rhododendron. High-yielding sugar cane has been developed and launched in the domestic market. Young and potted plants developed by the division have made successful entry into Australia and Denmark. Apart from tea the company exported spices as also non-traditional items such as rubber and tissue culture.During the year the company had taken up management contracts for two companies in Srilanka to improve the agricultural practices and manufacturing processes.The company has successfully introduced a new brand of premium Assam tea under the trade name of Spencers. The company plans to amalgamate Harrisons Agro Products Ltd. Harrisons Financial Services Ltd. and Harrisons Rubber Products Ltd with itself.

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