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Arrow Greentech shines on receiving grant for ‘High Security Paper and Process of Manufacture in India’ patent

09 Jan 2018 Evaluate

Arrow Greentech is currently trading at Rs. 522.00, up by 27.05 points or 5.47% from its previous closing of Rs. 494.95 on the BSE.

The scrip opened at Rs. 505.00 and has touched a high and low of Rs. 524.80 and Rs. 504.10 respectively. So far 7253 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. 417.00 on 22-Mar-2017.

Last one week high and low of the scrip stood at Rs. 524.80 and Rs. 476.05 respectively. The current market cap of the company is Rs. 608.72 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 (AGTL) has received a grant for patent titled ‘High Security Paper and Process of Manufacture in India’ from Indian Patent Office dated January 03, 2018.

The invention relates to high security paper wherein the security features are incorporated into the paper during the manufacturing process using a polymeric film as a carrier for the security features.

The invention provides a process of delivering one or more security features at precise places into security paper during the manufacturing process.

This invention will support the government of India's Make in India initiative in many sectors such as security paper for Bank Notes and other paper-based security products such as Passport, Visa, Identity documents, Acedemic and Qualifiation Certificates, High-Value Security Packaging etc. The invention will boost the efforts to prevent counterfeiting of Bank Notes.

Arrow Greentech Share Price

550.20 -11.90 (-2.12%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Uflex 406.10
EPL 233.25
AGI Greenpac 585.45
Huhtamaki India 190.40
TCPL Packaging 2647.00
View more..

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