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PG Foils Ltd.

BSE: 526747 Sector: Metals & Mining
NSE: N.A. ISIN Code: INE078D01012
BSE 00:00 | 20 Jul 89.30 -2.80
(-3.04%)
OPEN

92.10

HIGH

92.10

LOW

86.05

NSE 05:30 | 01 Jan PG Foils Ltd
OPEN 92.10
PREVIOUS CLOSE 92.10
VOLUME 1977
52-Week high 239.00
52-Week low 86.05
P/E 9.92
Mkt Cap.(Rs cr) 72
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 92.10
CLOSE 92.10
VOLUME 1977
52-Week high 239.00
52-Week low 86.05
P/E 9.92
Mkt Cap.(Rs cr) 72
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

PG Foils Ltd. (PGFOILS) - Company History

PG Foils, promoted in the joint sector by the Prem group of industries and Rajasthan Industrial and Investment Corporation to set up an aluminium foil manufacturing plant. The company manufactures foils of various qualities and thicknesses -- tagger foil, pharma foils, laminated foils, blister foils from its 5000 MT pipalia facility at Rajasthan. Aluminium foils find a wide range of applications in packaging products like tea, coffee, chocolates, confectionery, medical tablets, tobacco, etc. PG Foils exports its products to Bangladesh, Thailand and Nepal. In the domestic market, the company's customers include all the leading companies in the pharmaceutical industry such as Hoechst (India), Glaxo, Pfizer, the Cadila group, Nicholas Piramal, Panjon, the Torrent group, etc. Besides, the company caters to the Sivakasi market which consumes 30-40 tpa of paper laminated foil for packing fireworks. It also supplies casserole foil to the Indian Railways and pharma foils to IDPL under an annual contract. PG Foils, the third-largest aluminium-foil maker in the country, after Indal and India Foils, has embarked upon a modernisation-cum-expansion project to reduce the scrap generation, power consumption and increase production capacity. It was the first group company to mobilise funds for its project through a public issue in Dec.'94. The project commenced commercial operation during 1996-97.