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Jindal Poly Films zooms on deciding to enter into collaboration with DIC Corporation

28 Jan 2021 Evaluate

Jindal Poly Films is currently trading at Rs. 460.50, up by 22.55 points or 5.15% from its previous closing of Rs. 437.95 on the BSE.

The scrip opened at Rs. 442.35 and has touched a high and low of Rs. 472.75 and Rs. 440.50 respectively. So far 6929 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 525.10 on 20-Aug-2020 and a 52 week low of Rs. 150.00 on 25-Mar-2020.

Last one week high and low of the scrip stood at Rs. 465.00 and Rs. 410.60 respectively. The current market cap of the company is Rs. 2013.52 crore.

The promoters holding in the company stood at 74.55%, while Institutions and Non-Institutions held 1.26% and 24.19% respectively.

Jindal Poly Films (JPFL) has decided to enter into collaboration with DIC Corporation (DIC), Japan in the area of CPP films to cater the Indian and other export markets. Through this business JPFL has sought to improve the environmental performance of its products by making films thinner to reduce plastic use, and enhancing performance features such as easy peel, which makes packaging easier to open. Amid growing sustainability related needs, introduction of Japanese advanced technologies in Indian market is expected to see significant growth going forward.

Jindal Poly Films is a part of the diversified B C Jindal group. The group has interests in flexible packaging, photographic products, thermal power generation and steel products. JPFL has the world’s single largest site for production of BOPP and BOPET films at Nasik, India.

Jindal Poly Films Share Price

711.95 2.40 (0.34%)
17-Apr-2026 16:59 View Price Chart
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