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Poddar Pigments Ltd.

BSE: 524570 Sector: Industrials
NSE: PODDARMENT ISIN Code: INE371C01013
BSE 00:00 | 07 Apr 122.65 10.15
(9.02%)
OPEN

117.00

HIGH

122.65

LOW

117.00

NSE 00:00 | 07 Apr 120.55 8.25
(7.35%)
OPEN

115.00

HIGH

123.10

LOW

115.00

OPEN 117.00
PREVIOUS CLOSE 112.50
VOLUME 620
52-Week high 210.00
52-Week low 100.10
P/E 6.32
Mkt Cap.(Rs cr) 130
Buy Price 117.10
Buy Qty 50.00
Sell Price 122.65
Sell Qty 500.00
OPEN 117.00
CLOSE 112.50
VOLUME 620
52-Week high 210.00
52-Week low 100.10
P/E 6.32
Mkt Cap.(Rs cr) 130
Buy Price 117.10
Buy Qty 50.00
Sell Price 122.65
Sell Qty 500.00

Poddar Pigments Ltd. (PODDARMENT) - Company History

Set up in 1991, Poddar Pigments, is the first company in India to manufacture fibre-grade masterbatches for spin-colouration of filament yarns/fibres of polypropylene, polyester and nylon. The company commenced production in Mar.'95 at its manufacturing unit at Jaipur, Rajasthan. The plant is backed up by self-generation of power. The company also produces a wide range of additive masterbatches which will cater to the blown-film, raffia, engineering plastic and other general-purpose plastic industries. The company has installed a modern laboratory and analytical facilities at the plant for testing and quality control of raw materials, intermediate products and finished goods. The company has a pilot masterbatch plant, to develop and produce new shades and products with different polymers and additives. It has also installed pilot plants for multi-filament yarn spinning, injection moulding, and blow moulding equipment to test and pre-determine the quality of the products. Other than additive masterbatches, it also produces LDPE-based masterbatches. The main customer of the company is Rajasthan Petro Synthetics. The company has developed Polyester Masterbatches in its Laboratory. The work on implementation of new extruder line for manufacture of Masterbatches is in progress. It is increasing the installed capacity to 3280 MT pa at a cost of Rs. 650 lacs which is funded through term loan from IDBI. During the year 1998-99, the Company's project for increasing installed capacity of Polyester Masterbatches was implemented successfully and commercial production on the New Extruder commenced on 18.03.99. The company has been awarded ISO 9002 Certificate during the year 1999-2000.