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Jaysynth Dyestuff (India) Ltd.

BSE: 506910 Sector: Industrials
NSE: JAYDYSTUF ISIN Code: INE703C01025
BSE 00:00 | 27 Feb 44.75 1.40
(3.23%)
OPEN

41.20

HIGH

45.00

LOW

41.20

NSE 05:30 | 01 Jan Jaysynth Dyestuff (India) Ltd
OPEN 41.20
PREVIOUS CLOSE 43.35
VOLUME 102
52-Week high 67.20
52-Week low 37.65
P/E 12.86
Mkt Cap.(Rs cr) 39
Buy Price 41.40
Buy Qty 100.00
Sell Price 44.75
Sell Qty 99.00
OPEN 41.20
CLOSE 43.35
VOLUME 102
52-Week high 67.20
52-Week low 37.65
P/E 12.86
Mkt Cap.(Rs cr) 39
Buy Price 41.40
Buy Qty 100.00
Sell Price 44.75
Sell Qty 99.00

Jaysynth Dyestuff (India) Ltd. (JAYDYSTUF) - Company History

Incorporated in 1985, Jaysynth Dyestuff (I) (JDIL) is engaged in the manufacture of reactive dyes, disperse dyes and pigments. The company has 3 units, at Vapi, Gujarat; Turbhe and Patalganga, Maharashtra. While the reactive and disperse dyes are high growth products, pigments also enjoy a good market both in India and abroad. The company implemented a forward integration programme to manufacture pigments (alpha blue and beta blue) at a cost of Rs 9.25 cr in 1995. Production capacity for pigments is 670 tpa. In 1994, the company had implemented a balancing-cum-expansion scheme at a cost of Rs 25 cr at its plants at Turbhe and Patalganga to increase its dyestuff manufacturing capacity from 4680 tpa to 6000 tpa. The costs of these projects were met by term loans and internal accruals. The company's products are well accepted in the domestic as well as in the international market. The Company has been referred to BIFR as the accumulated losses have erorded the networth and the Board has declared the company as Sick. Subsequently the board has appointed ICICI as operating agency for Rehabilitation of the company.