Gulshan Polyols is currently trading at Rs. 212.00, up by 0.90 points or 0.43% from its previous closing of Rs. 211.10 on the BSE.
The scrip opened at Rs. 201.00 and has touched a high and low of Rs. 212.00 and Rs. 200.15 respectively. So far 1568 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 252.50 on 12-Sep-2014 and a 52 week low of Rs. 59.00 on 13-Nov-2013.
Last one week high and low of the scrip stood at Rs. 224.95 and Rs. 198.95 respectively. The current market cap of the company is Rs. 174.88 crore.
The promoters holding in the company stood at 72.30% while Non-Institutions held 27.69% stake in the company.
Gulshan Polyols has commissioned the third on-site PCC plant at ITC, Tribeni in Kolkata, successfully replacing imported PCC. The quality of on-site PCC has been well appreciated by ITC management and ITC has now replaced expensive imported PCC used in cigarette paper manufacturing with the PCC produced from Gulshan Onsite Plant. This will bring substantial savings to ITC on discontinuing the expensive imported PCC.
The company is also crossing the country’s territorial boundaries and shall be soon commissioning two on-site plants in Bangladesh, each of PCC and WGCC. The export of the plant is already in progress and start up of both these plants is expected early in next year.
Gulshan Polyols is engaged in manufacturing of ‘Sorbitol-70%’. Sorbitol, a starch derivative, sweet in taste, finds wide range application, the major uses in dentrifice, cosmetic, Pharma, Vitamin-C, food products etc.
