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Kabra Extrusion Technik Ltd.

BSE: 524109 Sector: Engineering
NSE: KABRAEXTRU ISIN Code: INE900B01029
BSE 00:00 | 01 Feb 567.25 16.45
(2.99%)
OPEN

554.00

HIGH

602.70

LOW

548.05

NSE 00:00 | 01 Feb 563.55 12.40
(2.25%)
OPEN

557.00

HIGH

602.70

LOW

547.25

OPEN 554.00
PREVIOUS CLOSE 550.80
VOLUME 34885
52-Week high 602.70
52-Week low 256.00
P/E 48.73
Mkt Cap.(Rs cr) 1,820
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 554.00
CLOSE 550.80
VOLUME 34885
52-Week high 602.70
52-Week low 256.00
P/E 48.73
Mkt Cap.(Rs cr) 1,820
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Kabra Extrusion Technik Ltd. (KABRAEXTRU) - Company History

Incorporated in 1982 Kabra Extrusion Technik (KETL) was set up with the objective of manufacturing twin screw extruder machines complete with downstream facilities for the manufacture of PVC pipes profiles sections and granules in technical collaboration with Battenfield Extrusion Technik Germany. The company commenced commercial production at Vapi in late 1985 and subsequently used its own know-how to start making cheese winders required by the PP/HPPE tape plants. It entered into a technical collaboration with UNICOR Rahn Plastmachinen Germany to manufacture and market corrugators and lay flat machines. Corrugators are used to make corrugator pipes lay-flat machines find application in drip irrigation.Ever since its public issue in May '89 KETL has shown attractive growth in sales and net profit. The company also set up a plant at Daman to create additional facilities for existing products so as to manufacture machinery for HDPE pipes. This unit went on stream from Feb.'95.KETL has entered into a joint venture agreement with Georg Sahm Germany and incorporated Kabra Georg Sahm winders for the manufacture of precision winders for PP/HDPE tapes for woven sacks. The company also participated in a big way in the Plastindia'97 Exhibition held every three years in New Delhi. KETL having subsidiary of Kabra George Sahm Winders Ltd during the year 1998-99.During the year 1999-2000 the company entered into a new collaboration agreement with Battenfeld Extrusionstechnik GmbH for manufacturing Twin Screw Plastic Extrusion Machinery BEX - 2 series along with post extrusion equipments.The company had issued bonus shares during the financial year 2003-04 and subsequent to the bonus issuethe paid up equity of the company has risen to Rs.6.86 crores.During 2003-04Kabra Winders Limited ceases to be a subsidiary of the company since the dilution of equity holding from 74.90% to 29.30% in that company.

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