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GRP gains on commencing commercial production at Solapur manufacturing facility

28 Dec 2017 Evaluate

GRP is currently trading at Rs. 1350.00, up by 23.70 points or 1.79% from its previous closing of Rs. 1326.30 on the BSE.

The scrip opened at Rs. 1350.00 and has touched a high and low of Rs. 1370.00 and Rs. 1349.00 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. 1160.50 on 25-Sep-2017.

Last one week high and low of the scrip stood at Rs. 1370.00 and Rs. 1312.00 respectively. The current market cap of the company is Rs. 180.00 crore.

The promoters holding in the company stood at 41.74%, while Institutions and Non-Institutions held 0.20% and 58.06% respectively.

GRP has commenced commercial production at a manufacturing facility on December 27, 2017 which has been set up at one of the existing plants of the company, at Solapur in Maharashtra, with production capacity of 850 MTPA and investment of Rs 218 lakh.

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.



GRP Share Price

1968.40 -9.75 (-0.49%)
17-Apr-2026 16:59 View Price Chart
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Company Name CMP
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