Plastiblends India is currently trading at Rs. 379.60, up by 11.90 points or 3.24% from its previous closing of Rs. 367.70 on the BSE.
The scrip opened at Rs. 371.80 and has touched a high and low of Rs. 384.40 and Rs. 370.00 respectively. So far 2158 shares were traded on the counter.
The BSE group 'B ' stock of face value Rs. 5 has touched a 52 week high of Rs. 523.80 on 05-Jan-2016 and a 52 week low of Rs. 191.00 on 24-Mar-2015.
Last one week high and low of the scrip stood at Rs. 372.10 and Rs. 320.00 respectively. The current market cap of the company is Rs. 494.44 crore.
The promoters holding in the company stood at 62.05% while Institutions and Non-Institutions held 1.85% and 36.10% respectively.
Plastiblends India has planned to further increase the manufacturing capacity and has acquired land near Kolkatta, West Bengal to setup new manufacturing unit. The expansion will be funded mainly through internal accruals. The new manufacturing facility will be commissioned in phased manner subject to receipt of requisite approvals from statutory authorities.
Plastiblends India is India’s largest manufacturer and exporter of Colour & Additive Master Batches and Thermoplastic Compounds for the Plastic Processing Industry.
