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Modipon Ltd.

BSE: 503776 Sector: Industrials
NSE: MODIPON ISIN Code: INE170C01019
BSE 00:00 | 18 Apr 15.60 -0.80
(-4.88%)
OPEN

15.60

HIGH

15.60

LOW

15.60

NSE 05:30 | 01 Jan Modipon Ltd
OPEN 15.60
PREVIOUS CLOSE 16.40
VOLUME 100
52-Week high 24.00
52-Week low 12.45
P/E
Mkt Cap.(Rs cr) 18
Buy Price 17.20
Buy Qty 100.00
Sell Price 18.25
Sell Qty 14.00
OPEN 15.60
CLOSE 16.40
VOLUME 100
52-Week high 24.00
52-Week low 12.45
P/E
Mkt Cap.(Rs cr) 18
Buy Price 17.20
Buy Qty 100.00
Sell Price 18.25
Sell Qty 14.00

Modipon Ltd. (MODIPON) - Company History

Modipon was established in 1965 as a joint venture between the Modi group and Rohm & Haas (R&H), Philadelphia, US. Indofil Chemicals was amalgamated with Modipon with effect from Jul.'82. Initially, the company manufactured only synthetic yarn (nylon and polyester filament yarn). Subsequent to the amalgamation, Modipon entered into the field of leather chemicals, agro-chemicals and other industrial chemicals, previously manufactured by Indofil. Modipon has entered into a technical collaboration with NOY Engineering, Italy, for the latest technology in nylon and polyester filament yarns. It undertook an expansion programme of its fibres division which will increase the production capacity of synthetic filament yarn by 7500 tpa. The chemicals division is carrying on a debottlenecking and technological upgradation programme which will increase the capacity to manufacture mancozeb fungicide at its Thane plant while controlling effluent and pollution levels at the plant. The Fibres Division has become the first manufacturing unit in synthetic Filament Yarn industry to get ISO 9001:2000 certification during 2000-01.