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Weizmann Ltd.

BSE: 523011 Sector: Industrials
NSE: WEIZMANIND ISIN Code: INE080A01014
BSE 00:00 | 24 Apr 37.10 0
(0.00%)
OPEN

37.10

HIGH

37.10

LOW

37.10

NSE 00:00 | 24 Apr 37.00 0.10
(0.27%)
OPEN

36.90

HIGH

37.45

LOW

36.35

OPEN 37.10
PREVIOUS CLOSE 37.10
VOLUME 1364
52-Week high 81.65
52-Week low 31.00
P/E 6.99
Mkt Cap.(Rs cr) 64
Buy Price 36.25
Buy Qty 200.00
Sell Price 37.10
Sell Qty 36.00
OPEN 37.10
CLOSE 37.10
VOLUME 1364
52-Week high 81.65
52-Week low 31.00
P/E 6.99
Mkt Cap.(Rs cr) 64
Buy Price 36.25
Buy Qty 200.00
Sell Price 37.10
Sell Qty 36.00

Weizmann Ltd. (WEIZMANIND) - Company History

Incorporated in 1985 Weizmann is engaged in a host of diverse activities - finance, textiles and exports. Originally in the textile business, it diversified into financial operations in 1994 offering merchant banking and portfolio management services other than leasing, hire purchase, ICD, bill discounting and other activities. In 1995, Weizmann set up a wind farm at Ramagiri, Andhra Pradesh, with an installed capacity of 3 MW.The company has diversified into wind turbines by entering into a joint venture with NedWind Rhenen, Netherlands to set up the project to manufacture, assemble, install and sell wind turbine generators. The company went in for backward integration at its textile division by setting up an in-house design department at its process house located in Ahmedabad. It has exported its goods to non-quota countries under brand names Weizmann and Wil-power. The company has been granted the Export House status by the Ministry of Commerce, Government of India, in the wake of the company's commendable performance in exporting textiles to the African countries such as Namibia, Gambia, Republic of Ghana, Mauritania, Conakry, etc. Weizmann Securities is its subsidiary. The company has applied for setting up a 100% EOU to manufacture and export wide-width cotton sheets and terry towels. In view of the substantial exports the company continues to enjoy the status of "Trading House" awarded by the Government of India. To provide quick deliveries the company has set up a manufacturing facility in Africa.