Incorporated in 1982 as a private limited company Panama Petrochem was converted into a public limited company in Dec.'93. The company was promoted by the Rayanis with trading experience of over three decades in the industry.The company manufactures petroleum speciality products like agricultural spray oil dewatering fluid white oil transformer oil and liquid paraffin (I P). Its products are marketed under the Panama brand name. Its manufacturing facilities are situated at Ankleshwar Gujarat; Bombay and Panvel (Thane district).In Jan.'95 the company came out with a public issue to expand the capacity by nearly four times and to add value added products like liquid paraffin heavy (I P) petroleum jelly and greases.The company has a technical collaboration with Lubcon Lubricant Consult Germany for developing and marketing new products. In 1995-96 the company introduced petroleum sulphonate and other speciality oils.During 2000-01turnover of the company has registered a growth of 57% over the previous yearas the figures were stood at Rs.42.60 crores as against Rs.27.27 crores in the previous year. |
Panama Petrochem Ltd.
BSE: 524820 | Sector: Industrials |
NSE: PANAMAPET | ISIN Code: INE305C01029 |
BSE 00:00 | 12 Aug | 306.75 |
-1.05 (-0.34%) |
OPEN
310.90 |
HIGH
316.00 |
LOW
306.00 |
NSE 00:00 | 12 Aug | 306.60 |
-1.70 (-0.55%) |
OPEN
309.90 |
HIGH
316.90 |
LOW
305.00 |
OPEN | 310.90 |
PREVIOUS CLOSE | 307.80 |
VOLUME | 18360 |
52-Week high | 359.00 |
52-Week low | 212.50 |
P/E | 10.36 |
Mkt Cap.(Rs cr) | 1,856 |
Buy Price | 0.00 |
Buy Qty | 0.00 |
Sell Price | 0.00 |
Sell Qty | 0.00 |
Panama Petrochem Ltd. (PANAMAPET) - Company History
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