Jindal Poly Films is currently trading at Rs. 310.00, up by 1.50 points or 0.49% from its previous closing of Rs. 308.50 on the BSE.
The scrip opened at Rs. 307.60 and has touched a high and low of Rs. 310.00 and Rs. 300.00 respectively. So far 2557 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 538.75 on 11-May-2016 and a 52 week low of Rs. 300.00 on 27-Dec-2016.
Last one week high and low of the scrip stood at Rs. 341.20 and Rs. 300.00 respectively. The current market cap of the company is Rs. 1333.30 crore.
The promoters holding in the company stood at 74.55%, while institutions and non-institutions held 4.04% and 21.41% respectively.
Jindal Poly Films has received an approval to issue Non-Convertible Debentures (NCDs) amounting up to Rs 500 crore. The board of directors at its meeting held on December 26, 2016 has approved for the same.
The board also approved increase in borrowing limits of the company from Rs 4,000 crore to Rs 5,000 crore and creation of charge on assets of the company within increased borrowing limits up to Rs 5,000 crore.
Jindal Poly Films is a part of the diversified B C Jindal group. The group has interests in flexible packaging, photographic products, thermal power generation and steel products. JPFL has the world’s single largest site for production of BOPP and BOPET films at Nasik, India.
