The 5-year analysis of Indian Acrylics Ltd's performance infers:
We analysed the performance of Indian Acrylics Ltd share prices over the last 10 years. Here is what we found out:
Indian Acrylics Ltd was incorporated as a Public Limited Company on February 28,1986 and obtained certificate of commencement of business on March 10,1986 from Registrar of Companies Punjab H.P.and Chandigarh at Jalandhar.
It was originally formed as Joint Sector project by.R K Garg alongwith Punjab State Industrial Development Corporation Limited (PSIDC) the project is now being implemented in assisted sector.
India acrylics a mega petrochemical project is largest producer of acrylic
India acrylics a mega petrochemical project is largest producer of acrylic fiber with a capacity to produce 42000 TPA.. IAL manufactures a range of acrylic staple fibre from 0.9 denier to 13 denier in regular and high shrink, and tow between 0.9D to 6D with K â€“ Tex of 60,78 and 100.
The company alone has the acrylic fiber plant in the country with an international level capacity and enjoys the growth rate of 10% per annum
Their country effort on developing new uses of acrylic fiber, such as mink blankets, stock upholstery, sarees, dress material-shirt, softy toy, plush & fur fabric blending with velvet and silk has made as a top company to reckon with.
Product range of the company includes: