Mumbai : Cosmo Films is currently trading at Rs. 199.85, up by 6.00 points or 3.10% from its previous closing of Rs. 193.85 on the BSE. The scrip opened at Rs. 198.00 and has touched a high and low of Rs. 200.65 and Rs. 198.00 respectively. So far 102 shares were traded on the counter. The BSE group ‘B’ stock of face value Rs. 10 has touched a 52 week high of Rs. 294.00 on 27-Apr-2018 and a 52 week low of Rs. 161.00 on 18-Feb-2019.
Last one week high and low of the scrip stood at Rs. 204.15 and Rs. 190.30 respectively. The current market cap of the company is Rs. 384.91 crore. The promoters holding in the company stood at 43.98%, while Institutions and Non-Institutions held 3.35% and 52.67% respectively.
Cosmo Films has introduced a cast polypropylene (CPP) film for packaging applications requiring high moisture & oxygen barrier and high hot tack properties. The newly launched heat sealable CPP films also offer high hot tack (>600gf/inch over a range of 100-140 degree celsius) and low seal initiation temperature; enabling packaging machines to run at higher speeds. As far as barrier is concerned, the films offer good moisture, oxygen, light and aroma barrier properties.
The films have been tested well for biscuits, cookies & crackers, snack food applications, chocolates, and ice-creams. Available in a range of 20 to 30 microns, films are well suited for both adhesive as well as extrusion lamination.
Cosmo Films is a leading global brand, offering value added BOPP and CPP films for packaging, labelling, lamination and industrial applications.