Gulshan Polyols trades jubilantly on commissioning sixth On-site PCC plant

23 Dec 2015 Evaluate

Gulshan Polyols is currently trading at Rs. 468.90, up by 28.10 points or 6.37% from its previous closing of Rs. 440.80 on the BSE.

The scrip opened at Rs. 437.10 and has touched a high and low of Rs. 480.00 and Rs. 432.10 respectively. So far 8591 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 480.00 on 23-Dec-2015 and a 52 week low of Rs. 201.00 on 23-Dec-2014.

Last one week high and low of the scrip stood at Rs. 480.00 and Rs. 395.30 respectively. The current market cap of the company is Rs. 418.98 crore.

The promoters holding in the company stood at 62.20% while Institutions and Non-Institutions held 6.76% and 31.04% respectively.

Gulshan Polyols has successfully commissioned its sixth On-site PCC plant for Orient Paper Mills (OPM), a Birla Group Company, located in Amlai, Madhya Pradesh. The plant has been set up to produce PCC for their captive use to enhance paper properties like brightness, opacity, bulk, & printability etc. The On-site PCC plant arrangement has brought Orient Paper Mills (OPM) significant cost efficiency and environment friendly technology.

In an On-site Plant, PCC (Precipitated Calcium Carbonate) is produced in a satellite facility; onsite or close to a paper mill and the resultant slurry is pumped directly to the mill. ln this arrangement, all plant and equipment required for producing PCC are installed under lease agreement in the premises of its end user.

Gulshan Polyols is the first to introduce the concept of On-site PCC plant in India, at the site of Magnum Papers. This has been recorded in the Limca Book of Records, 2010, Gulshan provides the know-how to set up an On-site PCC plant and maintains the supply of the raw material for the same.


Gulshan Polyols Share Price

249.50 -3.55 (-1.40%)
07-Dec-2022 18:17 View Price Chart
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