Arrow Coated Products gains on entering into supply co-operation agreement with Proquima

Arrow Greentech Ltd. | Packaging | FMCG | BSE: 516064 | NSE: ARROWGREEN

03 Mar 2016 Evaluate

Arrow Coated Products is currently trading at Rs. 500.00, up by 9.00 points or 1.83% from its previous closing of Rs. 491.00 on the BSE.

The scrip opened at Rs. 505.00 and has touched a high and low of Rs. 510.00 and Rs. 490.00 respectively. So far 1,099 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 861.00 on 23-Dec-2015 and a 52 week low of Rs. 276.20 on 23-Mar-2015.

Last one week high and low of the scrip stood at Rs. 518.50 and Rs. 389.50 respectively. The current market cap of the company is Rs. 590.75 crore.

The promoters holding in the company stood at 70.95% while Institutions and Non-Institutions held 0.22% and 28.83% respectively.

Arrow Coated Products has entered into an exclusive supply co-operation agreement with Proquima, a company incorporated in Spain. This collaboration opens doors for the niche market aiming at clean India campaigns, by production of cleaning chemicals and activities under ‘Make in India’ program.

Proquima is the principal manufacturing company, for supplies of quality chemicals for KlenzPro, Proquima also supplies to Careli, the company with whom the company already have a strategic agreement for Water Soluble Film based capsule packs.

Arrow Coated Products is pioneer in manufacturing Water Soluble Film by a unique method using detachable liners. The company’s RND department has many years experience in Coatings, Security Printing, and casting films since many years. It has a total of 30 Granted Patents in India, US, Europe, Eurasia, Africa, and Australia. It is also prosecuting several other patents in other countries.

Arrow Greentech Share Price

528.80 -4.95 (-0.93%)

04-May-2026 16:59 View Price Chart

Peers

Company Name	CMP
Uflex	446.40
EPL	225.10
AGI Greenpac	633.10
Huhtamaki India	179.70
TCPL Packaging	2730.60
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