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Pasupati Acrylon Ltd.

BSE: 500456 Sector: Industrials
NSE: PASUPTAC ISIN Code: INE818B01023
BSE 11:39 | 01 Dec 30.65 -0.30
(-0.97%)
OPEN

31.30

HIGH

31.30

LOW

30.55

NSE 11:24 | 01 Dec 30.80 -0.10
(-0.32%)
OPEN

30.90

HIGH

31.20

LOW

30.55

OPEN 31.30
PREVIOUS CLOSE 30.95
VOLUME 5738
52-Week high 57.85
52-Week low 28.80
P/E 8.88
Mkt Cap.(Rs cr) 273
Buy Price 30.85
Buy Qty 2.00
Sell Price 31.00
Sell Qty 300.00
OPEN 31.30
CLOSE 30.95
VOLUME 5738
52-Week high 57.85
52-Week low 28.80
P/E 8.88
Mkt Cap.(Rs cr) 273
Buy Price 30.85
Buy Qty 2.00
Sell Price 31.00
Sell Qty 300.00

Pasupati Acrylon Ltd. (PASUPTAC) - Company History

Pasupati Acrylon (PAL) promoted by Mukesh Jain has established an acrylic fibre plant at Thakurdwara UP in technical collaboration with SNIA-BPD (of the Fiat group) Italy which has supplied the technology to produce acrylic fibre by the continuous wet process. The project with an installed capacity of 15000 tpa commenced production in Nov.'90. After the de-bottlenecking scheme the installed capacity rose to 18000 tpa in Jul.'93. The company has installed an additional thermo-stretching line to produce more value-added high-shrinkage fibres. The acrylic fibres find application in woollen knitwear hand-knitting yarn woollen and worsted fabrics blankets carpets sportswear etc. It went public with a rights offer in Oct.'93 to enhance the margin money for working capital.To achieve better marginal contribution without any substantial increase in fixed overheads to meet global competition company has taken up expansion plan during 1993 to increase the production capacity from 15000 TPA to 22500 TPA. By increasing level of production this would give company a competitive edge. The Company's extraction based turbine to reduce utility cost has been commissioned during the last quarter of 1999-2000.

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