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Weizmann Ltd.

BSE: 523011 Sector: Industrials
NSE: WEIZMANIND ISIN Code: INE080A01014
BSE 10:16 | 21 Jun 59.35 2.05
(3.58%)
OPEN

58.20

HIGH

59.55

LOW

56.20

NSE 10:09 | 21 Jun 59.30 1.75
(3.04%)
OPEN

57.60

HIGH

59.90

LOW

56.40

OPEN 58.20
PREVIOUS CLOSE 57.30
VOLUME 1938
52-Week high 68.90
52-Week low 22.00
P/E 22.65
Mkt Cap.(Rs cr) 103
Buy Price 59.30
Buy Qty 456.00
Sell Price 59.50
Sell Qty 16.00
OPEN 58.20
CLOSE 57.30
VOLUME 1938
52-Week high 68.90
52-Week low 22.00
P/E 22.65
Mkt Cap.(Rs cr) 103
Buy Price 59.30
Buy Qty 456.00
Sell Price 59.50
Sell Qty 16.00

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.