The 5-year analysis of Jumbo Bag Ltd's performance infers:
We analysed the performance of Jumbo Bag Ltd share prices over the last 10 years. Here is what we found out:
Jumbo Bag Limited started manufacturing Jumbo Bags (FIBCâ€™s) in 1995 and has capacity to produce 1.2 million bags per annum. Jumbo Bags Limited products are being exported to over 30 countries across the globe. Jumbo Bags Limited is servicing many customers worldwide to solve various special - packaging problems. They have a vertically integrated plant to manufacture Jumbo Bags in a dust free environment.
BLISS Group promoters, with experience in the packaging industry, developed
BLISS Group promoters, with experience in the packaging industry, developed Jumbo Bags using jute in 1984. Finding it not cost effective, they developed Jumbo Bag using HDPE fabric, in 1986, which was more cost effective. This product was marketed in India in small quantities. Foreseeing bright prospects for bulk transportation, the promoters decided to start a company to manufacture Jumbo Bags in large scale. Their study of the Jumbo Bag market overseas encouraged starting an EOU exclusively for making Jumbo Bags. Thus Jumbo Bag Limited came into existence.
Jumbo Bag mainly produces Jumbo Bags (also known as Flexible Intermediate Bulk Containers) in various categories. These categories depend on the type of raw material used and also for the purpose of use. JBL produces bags based on Polypropelene. These bags are custom built to meet the customersâ€™ requirements. Recent additions to the product list include manufacture of hygiene Jumbo Bag required for specialized industries.
Product range of the company includes: