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Arrow Greentech surges on plan of forming new subsidiary company to explore the US business

20 Nov 2017 Evaluate

Arrow Greentech is currently trading at Rs. 500.00, up by 8.15 points or 1.66% from its previous closing of Rs. 491.85 on the BSE.

The scrip opened at Rs. 510.00 and has touched a high and low of Rs. 550.00 and Rs. 496.25 respectively. So far 6416 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 715.00 on 07-Sep-2017 and a 52 week low of Rs. 415.00 on 22-Nov-2016.

Last one week high and low of the scrip stood at Rs. 550.00 and Rs. 477.55 respectively. The current market cap of the company is Rs. 587.00 crore.

The promoters holding in the company stood at 65.42%, while institutions and non-institutions held 8.65% and 25.93% respectively.

Arrow Greentech has received an approval to form a new wholly owned subsidiary company to explore the US business inter-alia related to patents/products owned/manufactured by the Company. The Board of Directors of the company at its Meeting held on November 18, 2017 approved the same.

Arrow Greentech (AGTL) 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.

Arrow Greentech Share Price

539.40 -3.45 (-0.64%)
06-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Uflex 439.40
EPL 228.95
AGI Greenpac 638.05
Huhtamaki India 184.80
TCPL Packaging 2804.15
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