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Meuse Kara & Sungrace Mafatlal Ltd.

BSE: 512253 Sector: Others
NSE: N.A. ISIN Code: INE756D01013
BSE 00:00 | 04 Mar Meuse Kara & Sungrace Mafatlal Ltd
NSE 05:30 | 01 Jan Meuse Kara & Sungrace Mafatlal Ltd
OPEN 5.61
PREVIOUS CLOSE 5.39
VOLUME 1586
52-Week high 5.61
52-Week low 0.00
P/E 8.98
Mkt Cap.(Rs cr) 5
Buy Price 5.19
Buy Qty 5.00
Sell Price 5.39
Sell Qty 43.00
OPEN 5.61
CLOSE 5.39
VOLUME 1586
52-Week high 5.61
52-Week low 0.00
P/E 8.98
Mkt Cap.(Rs cr) 5
Buy Price 5.19
Buy Qty 5.00
Sell Price 5.39
Sell Qty 43.00

Meuse Kara & Sungrace Mafatlal Ltd. (MEUSEKARA) - Company History

Bio Green Industries Limited, together with its subsidiaries, engages in the manufacture and sale of paper in India. The company also involves in the sale of Jatropha podogrica plants, as well as mineral water. The company's main line of business is that of manufacturing of Kraft paper and Duplex Board. The company is based in Mumbai, India. Bio Green Industries was established in 1985. Initially the name of the company was Suryamukhi Trading & Finance Limited and later on it changed to Bio-Green Industries. Bio Green's bio fuel model is based on Jatropha produce. Large plantings and nurseries of Jatropha curcas tree have been undertaken in India by women's Self Help Groups, using a system of micro credit to ease poverty among the nation's semi-literate population of women. Jatropha has been selected by the Indian Government as one of the plants to provide alternative fuel for the coming years. The government has identified 400,000 square kilometers (98 million acres) of land where jatropha can be grown, hoping it will replace 20% of diesel consumption by 2011. This has provided much needed employment to the rural poor of India and also a means to energy Independence to India.