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Garware Polyester trades higher on the BSE

Garware Polyester is currently trading at Rs. 233.50, up by 8.70 points or 3.87% from its previous closing of Rs. 224.80 on the BSE.

The scrip opened at Rs. 225.10 and has touched a high and low of Rs. 235.00 and Rs. 221.15 respectively. So far 6362 shares were traded on the counter.

The BSE group ‘X’ stock of face value Rs. 10 has touched a 52 week high of Rs. 290.00 on 12-Nov-2018 and a 52 week low of Rs. 185.75 on 28-Feb-2019.

Last one week high and low of the scrip stood at Rs. 237.50 and Rs. 213.15 respectively. The current market cap of the company is Rs. 536.67 crore.

The promoters holding in the company stood at 60.72%, while Institutions and Non-Institutions held 3.71% and 35.57% respectively.

Garware Polyester has launched Paint Protection Films in India. Expertly designed to deliver the highest level of protection, this innovation will offer the highest level of impact resistance in clear, self-healing paint protection films. Made in India using advanced film technologies and the company’s in-house technology Garware Paint Protection film is a great product that is suitable for Indian weather and road conditions.

Expertly designed to deliver the highest level of protection, Garware Paint Protection Film is manufactured using a specially formulated Thermoplastic Polyurethane film (TPU). With proven reliability and consistent performance, the film when applied to vehicles protects from scratches and dents, the damages made by road debris and rocks, in addition to the elements of the environment. The product has excellent hydrophobic, self-healing capabilities. The film can be easily installed and removed without damage to the paint finish while retaining the vehicle’s resale value.

Garware Polyester is engaged in the manufacture of polyester film. Their product range include films that cater to the solar control industry, packaging industry, reprographic industry etc.

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