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Cosmo Films gains on launching several additions to its range of barrier films

25 Jan 2017 Evaluate

Cosmo Films is currently trading at Rs. 375.75, up by 2.90 points or 0.78% from its previous closing of Rs. 372.85 on the BSE.

The scrip opened at Rs. 372.85 and has touched a high and low of Rs. 376.90 and Rs. 372.85 respectively. So far 6846 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 431.00 on 20-Oct-2016 and a 52 week low of Rs. 212.50 on 29-Feb-2016.

Last one week high and low of the scrip stood at Rs. 376.90 and Rs. 362.50 respectively. The current market cap of the company is Rs. 726.09 crore.

The promoters holding in the company stood at 43.51%, while Institutions and Non-Institutions held 3.89% and 52.59% respectively.

Cosmo Films has launched several additions to its range of barrier films and now has a significant portfolio of transparent as well as metalized varieties. These solvent free coated films used for a wide range of FMCG packaging applications not only help in extending the shelf life of the contents inside, but also help with pack structure rationalization.

Cosmo Films is engaged in the production of Wet Laminating, Printing and Pouching, Label Films, Soap Wrap Films, Over Wrap Films, Tape & Textile and Thermal Laminating Film for Graphic Finishing.

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