GRP is currently trading at Rs. 1780.00, up by 40.00 points or 2.30% from its previous closing of Rs. 1740.00 on the BSE.
The scrip opened at Rs. 1788.85 and has touched a high and low of Rs. 1788.85 and Rs. 1780.00 respectively.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1802.00 on 17-Apr-2017 and a 52 week low of Rs. 990.25 on 03-Jun-2016.
Last one week high and low of the scrip stood at Rs. 1802.00 and Rs. 1700.00 respectively. The current market cap of the company is Rs. 237.33 crore.
The promoters holding in the company stood at 41.76%, while Institutions and Non-Institutions held 0.18% and 58.05% respectively.
GRP has signed a manufacturing and supply agreement with a USA based company. The agreement is for exclusive manufacture, process and supply of composite products.
The manufacturing facility will be set up at one of the existing GRP plants in Maharashtra and is expected to commence before end of this fiscal year. The investment in the equipment for the venture is estimated at Rs 2.20 crore.
GRP produces reclaim rubber from scrap of whole tyres, tread peelings, natural rubber tubes, butyl tubes, moulded rubber products for different applications in both, tyre and non tyre rubber products.
Company Name | CMP |
---|---|
Apcotex Inds | 405.00 |
GRP | 7822.35 |
Pix Transmission | 1334.20 |
Elgi Rubber Co. | |
Rubfila Internatl. | 72.09 |
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