Cosmo Films is currently trading at Rs. 47.85, up by 0.80 points or 1.70% from its previous closing of Rs. 47.05 on the BSE.
The scrip opened at Rs. 50.00 and has touched a high and low of Rs. 50.00 and Rs. 47.85 respectively. So far 1,562 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 93.45 on 10-Oct-2012 and a 52 week low of Rs. 44.20 on 28-Aug-2013.
Last one week high and low of the scrip stood at Rs. 52.40 and Rs. 46.85 respectively. The current market cap of the company is Rs. 93.00 crore.
The promoters holding in the company stood at 42.84% while Institutions and Non-Institutions held 0.32% and 56.84% respectively.
Cosmo Films has successfully commissioned its new state of art manufacturing facility located at Shendra, SEZ, Aurangabad in state of Maharashtra. The new plant of the company had commissioned and started the commercial production on September 01, 2013.
This new facility is spread over an area of approximately 68,000 square meters. With the commissioning of this new facility, the approximate installed capacity of the company now stands at 130,000 tonnes per annum (TPA) for BOPP, 40,000 TPA for thermal films and 8,000 TPA for metalized films. This new plant would mainly be dedicated to exports.
Successful commissioning of this new facility will contribute to phenomenal growth in revenues of the company in Financial Year 2013-2014. With the establishment of this new facility coupled with its initiatives in Research & Development, the company is expected to continue on this growth trajectory.
Cosmo Films is engaged in the production of Wet Laminating, Printing and Pouching, Label Films, Soap Wrap Films, Over Wrap Films, Tape & Textile and Thermal Laminating Film for Graphic Finishing.
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