Promact Plastis Ltd
Promact Plastics | 526494
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About Company
- Promact Plastics Limited was incorporated on March 26, 1985 as a private limited at Ahmadabad and subsequently converted into a public limited company on February 15, 1993 and a certificate to that effect was obtained from the office of the Registrar of Companies, Gujarat on March 24, 1993
- The company started commercial production in 1986-87 with an installed capacity utilization of 81%
- In 1989-90 the plant was enhanced by way of installing Tidied Tape time, increasing the instated capacity to 532 TPA
- The company was able to achieve 100% capacity utilization on the enhanced capacity in 1990-91
- In 1991-92 the company added one more tapeline to increase the instated capacity has been able to achieve more than 100% capacity utilization on the increased capacity
- But however, in 2014-15, the Company had discontinued the running business of HDPE/PP Woven Bags, Fabrics and Tarpaulin due to unviable operations
- As the operations of Woven Sacks' became non-operational / unviable, the management decided to dispose off the Woven Sacks Plant' of the Company at Dediyasan, in Mehsana
- Presently, company engages in Import & Export of Agro commodities, Minerals, Metals & etc since year 2019
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All figures in ₹ Crores
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Frequently Asked Questions
What is Share Price of Promact Plastis Ltd?
The current share price of Promact Plastis Ltd (Promact Plastics) is ₹9.50. This price reflects the latest market valuation and is updated in real-time during trading hours.
What is the 52-week high and low of Promact Plastis Ltd?
Promact Plastis Ltd has a 52-week high of ₹13.40 and a 52-week low of ₹8.08. This range shows the stock's price volatility over the past year.
What is the ROE of Promact Plastis Ltd?
Promact Plastis Ltd has a Return on Equity (ROE) of 1.75%. ROE measures how effectively the company uses shareholders' equity to generate profits, with higher values generally indicating better performance.
Disclaimer:
Please note that the above list and information is for research purposes only and are not recommendations. Do your own due diligence or consult an investment advisor before investing. The above data is dynamic in nature and subject to real-time changes and is derived from CMOTS.
