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Metroglobal Ltd.

BSE: 500159 Sector: Others
NSE: GLOBABOARD ISIN Code: INE085D01033
BSE 00:00 | 28 Feb 43.00 -6.00
(-12.24%)
OPEN

44.00

HIGH

54.00

LOW

41.65

NSE 05:30 | 01 Jan Metroglobal Ltd
OPEN 44.00
PREVIOUS CLOSE 49.00
VOLUME 2227
52-Week high 69.75
52-Week low 41.20
P/E 6.07
Mkt Cap.(Rs cr) 53
Buy Price 43.00
Buy Qty 28.00
Sell Price 45.45
Sell Qty 65.00
OPEN 44.00
CLOSE 49.00
VOLUME 2227
52-Week high 69.75
52-Week low 41.20
P/E 6.07
Mkt Cap.(Rs cr) 53
Buy Price 43.00
Buy Qty 28.00
Sell Price 45.45
Sell Qty 65.00

Metroglobal Ltd. (GLOBABOARD) - Company History

Incorporated on 12 Nov.'92, Global Boards was promoted by Raj Investments, Hong Kong, and the Saraf family. The company manufactures chrome boards, art boards and cast-coated boards with a total installed capacity of 40,000 tpa. Chrome boards are mostly used by consumer durable / non-durable goods and the foods and pharma industry. Art boards are exclusively used in the graphic sector which embrace the entire spectrum of the printing and publishing industry -- greeting cards, magazines, books, journals, annual reports, playing cards, etc. The company came out with a public issue in Mar.'94 to part-finance the manufacture of chrome boards and art boards. Due to technical difficulties and suspension because of the plague epidemic, the project was delayed. commercial production commenced in Aug.'96. The company has retained Jaakko Poyry Oy, Finland, for all technical services. It has entered into an agreement with Loong Chang Trading Company, Hong Kong, to supply 1200 tpm. The accumalated losses of the company has exceeded its net worth hence it has been declared a sick company and has been referred to the BIFR.