Lawreshwar Polymers is currently trading at Rs 8.50, up by 0.30 points or 3.66% from its previous closing of Rs. 8.20 on the BSE.
The scrip opened at Rs 8.50 and has touched a high and low of Rs 8.50 and Rs 8.50 respectively.
The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 8.90 on 17-Oct-2013 and a 52 week low of Rs 4.71 on 25-Mar-2013.
Last one week high and low of the scrip stood at Rs 8.80 and Rs 7.90 respectively. The current market cap of the company is Rs 11.63 crore.
The promoters holding in the company stood at 63.71% while Non-Institutions held 36.29%.
Lawreshwar Polymers has acquired a Factory Land & Building measuring about 14,325 square meters situated at Kaledera in Jaipur. The company is going for an expansion plan to manufacture footwears of latest technology and to meet the rising demand of its customers it has taken the above step. The total project cost is estimated to be around 11.90 crore.
Lawreshwar Polymers commenced its production on May 11, 1995 with an installed capacity of 45 Lac pairs per annum and within a span of one year it had been successful in achieving envisaged results and able to establish an effective sales network in Rajasthan as well as other states. The company has successfully established its brand name “Lehar” in the market within a very short period.
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