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Lawreshwar Polymers surges on inking contract with two on-line trading portals

15 Jan 2015 Evaluate

Lawreshwar Polymers is currently trading at Rs. 27.75, up by 2.35 points or 9.25 % from its previous closing of Rs. 25.40 on the BSE.

The scrip opened at Rs. 25.40 and has touched a high and low of Rs. 28.00 and Rs. 24.60 respectively. So far 63219 shares were traded on the counter.

The BSE group 'B ' stock of face value Rs. 10 has touched a 52 week high of Rs. 32.50 on 19-Dec-2014 and a 52 week low of Rs. 5.23 on 09-May-2014.

Last one week high and low of the scrip stood at Rs. 28.80 and Rs. 25.00 respectively. The current market cap of the company is Rs. 37.48 crore.

The promoters holding in the company stood at 65.46 % while Non-Institutions held 34.54 % respectively.

Lawreshwar Polymers has made contract with two on-line trading portals. These on-line trading portals are Snapdeal and Ask.com.

Lawreshwar Polymers commenced its production on May 11, 1995 with an installed capacity of 45 Lac pairs per annum and within a span of one year it had been successful in achieving envisaged results and able to establish an effective sales network in Rajasthan as well as other states. The company has successfully established its brand name “Lehar” in the market within a very short period.

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