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Cosmo Films gains on installing new solvent less lamination machine at Vadodara plant

26 Sep 2018 Evaluate

Cosmo Films is currently trading at Rs. 234.10, up by 0.30 points or 0.13% from its previous closing of Rs. 233.80 on the BSE.

The scrip opened at Rs. 239.80 and has touched a high and low of Rs. 241.00 and Rs. 232.15 respectively. So far 273 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 408.45 on 27-Oct-2017 and a 52 week low of Rs. 188.00 on 20-Jul-2018.

Last one week high and low of the scrip stood at Rs. 260.85 and Rs. 230.05 respectively. The current market cap of the company is Rs. 461.22 crore.

The promoters holding in the company stood at 43.00%, while Institutions and Non-Institutions held 2.63% and 54.36% respectively.

Cosmo Films has installed a new solvent less lamination machine at its Karjan plant, Vadodara. The new machine has been commissioned at company's existing facility at Karjan, near Vadodara, India which already houses BOPP lines, extrusion coating & chemical coating lines and a metalizer.

The installed machine is a Nordmeccanica product which is 1.8 meter wide and can run up to 450m/min speed. The machine can produce multilayer film laminates in any thickness and go as thick as 450 microns. The laminate could be a combination of different materials such as PP, PET, PE, Nylon, Aluminium foil or Paper. A dedicated sheet cutter of the same width has also been installed next to the machine to process its output.

Cosmo Films is a leading global brand, offering value added BOPP and CPP films for packaging, labelling, lamination and industrial applications.

Cosmo First Share Price

668.50 2.55 (0.38%)
17-Apr-2026 16:59 View Price Chart
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