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Commercial Syn bags gains on commencing commercial production at Pithampur Unit

Commercial Syn Bags Ltd. | Plastic Products | Chemicals & Fertilizers | BSE: 539986 | NSE: COMSYN

29 Sep 2020 Evaluate

Commercial Syn Bags is currently trading at Rs. 59.45, up by 0.40 points or 0.68% from its previous closing of Rs. 59.05 on the BSE.

The scrip opened at Rs. 59.65 and has touched a high and low of Rs. 59.65 and Rs. 59.00 respectively. So far 6904 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 64.00 on 03-Sep-2020 and a 52 week low of Rs. 36.10 on 19-May-2020.

Last one week high and low of the scrip stood at Rs. 61.80 and Rs. 58.25 respectively. The current market cap of the company is Rs. 70.25 crore.

The promoters holding in the company stood at 58.04%, while Non-Institutions held 41.96% stake in the company.

Commercial Syn bags has successfully commenced commercial production at Unit II situated at Pithampur, District Dhar in Madhya Pradesh with effect from September 27, 2020 with revised estimated total cost of Rs 1967 lakh.

The company has expanded operations at its existing Unit II situated at Pithampur through capacity addition of 3540 MT and setting up of complete manufacturing facilities by installation of Multifilament Plant, Lamination Plant, Twisting Machine, Automatic Bag cutting Machine for manufacturing of Small Bags, Tarpaulin, FIBC Bags and Multifilament Thread. The expansion includes a Melt Blown Non-Woven Fabric Production Line with an annual capacity of 90 MT in expansion project. The total production capacity of company has been increased from 17000 MT to 20630 MTPA.

Commercial Syn bags are the manufacturer and exporter of FIBC India , BIGBAGS, Tarpauline, Tarps, PP Fabric, Depot Bags, Buffle Bags, Builder Bags and Flexible Intermediate Bulk Container in India.

Commercial Synbags Share Price

163.45 2.25 (1.40%)

17-Apr-2026 16:59 View Price Chart

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Commercial Syn bags gains on commencing commercial production at Pithampur Unit

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