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Emmbi Industries gains on signing MoU with BOM to implement the new initiative

05 Dec 2018 Evaluate

Emmbi Industries is currently trading at Rs. 110.15, up by 1.15 points or 1.06% from its previous closing of Rs. 109.00 on the BSE.

The scrip opened at Rs. 112.50 and has touched a high and low of Rs. 112.50 and Rs. 109.00 respectively. So far 1410 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 263.00 on 04-Jan-2018 and a 52 week low of Rs. 98.05 on 01-Oct-2018.

Last one week high and low of the scrip stood at Rs. 118.00 and Rs. 107.10 respectively. The current market cap of the company is Rs. 194.86 crore.

The promoters holding in the company stood at 57.78%, while Institutions and Non-Institutions held 6.98% and 35.23% respectively.

Emmbi Industries and Bank of Maharashtra (BOM) have signed Memorandum of Understanding (MoU) to implement the new initiative as ‘Mahabank - Emmbi Jalasanchay Scheme’ for water conservation projects in drought laden Maharashtra State.

This is first of its kind funding scheme in Indian Agricultural Sector which will help farmers across the country to avail a long term loan for purchase of emmbi jalasanchay pond liner for making farms ponds for water conservation. The scheme is specially designed to purchase emmbi products and is an open ended scheme with no cap applicable pan India.

Emmbi Industries is one of the region’s most well established brands in the field of woven polyethylene and polypropylene product manufacturing. The company manufacture and sale of FIBC and Woven Sacks and various woven polymer based products like Container Liners, Protective Irrigation System, Canal Liners, Flexi Tanks, and Car Covers etc.

Emmbi Industries Share Price

88.50 0.00 (0.00%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Supreme Industries 3705.80
Astral 1612.85
Finolex Inds 174.70
Nilkamal 1320.05
Jain Irrigation Sys 33.05
View more..

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