Shilp Gravures advances on receiving permission to commence operations of plant

25 Feb 2016

Shilp Gravures is currently trading at Rs. 61.50, up by 1.40 points or 2.33% from its previous closing of Rs. 60.10 on the BSE.

The scrip opened at Rs. 60.00 and has touched a high and low of Rs. 63.40 and Rs. 60.00 respectively.

The BSE group 'XD' stock of face value Rs. 10 has touched a 52 week high of Rs. 118.50 on 08-Jan-2016 and a 52 week low of Rs. 41.00 on 18-Mar-2015.

Last one week high and low of the scrip stood at Rs. 68.50 and Rs. 60.00 respectively. The current market cap of the company is Rs. 37.82 crore.

The promoters holding in the company stood at 60.16% while Non-Institutions held 39.84% respectively.

Shilp Gravures has received the permission from Gujarat Pollution Control Board (GPCB) to commence the operations of the plant. The plant has been made operational from February 23, 2016. The company had earlier received a notice dated January 28, 2016 from GPCB for the closure of plant from the 15th day from the date of receipt of notice.

Shilp Gravures is India's pioneer and undisputed leader in electro-mechanical engraving, with a substantial market share of the flexible packaging industry.


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