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GRP is currently trading at Rs 1062.00, up by 54.00 points or 5.36% from its previous closing of Rs 1008.00 on the BSE.The scrip opened at Rs 1062.00 and has touched a high and low of Rs 1062.00 and Rs 1062.00 respectively. So far 1 shares were traded on the counter.The BSE group `B` stock of face value Rs 10 has touched a 52 week high of Rs 1768.00 on 03-Jan-2018 and a 52 week low of Rs 968.00 on 10-Dec-2018.Last one week high and low of the scrip stood at Rs 1036.05 and Rs 999.00 respectively. The current market cap of the company is Rs 142.53 crore.The promoters holding in the company stood at 41.95% while Institutions and Non-Institutions held 0.03% and 58.02% respectively.GRP has invested Rs 327.97 lakh as capital contribution in Gripsurya Recycling LLP (GSRL). With this, the company has acquired controlling interest in GSRL, from Grip Polymers., its wholly owned subsidiary. GSRL is engaged in manufacturing of ground rubber from waste tyres at its plant in Pithampur in the state of Madhya Pradesh, since October, 2014.GRP produces reclaim rubber from scrap of whole tyres, tread peelings, natural rubber tubes, butyl tubes, moulded rubber products for different applications in both, tyre and non tyre rubber products.
GRP is currently trading at Rs. 1350.00, up by 23.70 points or 1.79% from its previous closing of Rs. 1326.30 on the BSE.The scrip opened at Rs. 1350.00 and has touched a high and low of Rs. 1370.00 and Rs. 1349.00 respectively. The BSE group `B` stock of face value Rs. 10 has touched a 52 week high of Rs. 1802.00 on 17-Apr-2017 and a 52 week low of Rs. 1160.50 on 25-Sep-2017.Last one week high and low of the scrip stood at Rs. 1370.00 and Rs. 1312.00 respectively. The current market cap of the company is Rs. 180.00 crore.The promoters holding in the company stood at 41.74%, while Institutions and Non-Institutions held 0.20% and 58.06% respectively.GRP has commenced commercial production at a manufacturing facility on December 27, 2017 which has been set up at one of the existing plants of the company, at Solapur in Maharashtra, with production capacity of 850 MTPA and investment of Rs 218 lakh.GRP produces reclaim rubber from scrap of whole tyres, tread peelings, natural rubber tubes, butyl tubes, moulded rubber products for different applications in both, tyre and non tyre rubber products.
Revenue reduced marginally to stand at Rs. 800.95 millions during the quarter ended September 2017. The figure stood at Rs. 842.31 millions during the year-ago period.A slender decline of -19.11% was recorded to Rs. 23.75 millions from Rs. 29.36 millions in the corresponding previous quarter.Operating profit for the quarter ended September 2017 decreased to 71.18 millions as compared to 105.61 millions of corresponding quarter ended September 2016. (Rs. in Million) Quarter ended Year to Date Year ended 201709 201609 % Var 201709 201609 % Var 201703 201603 % Var Sales 800.95 842.31 -4.91 1544.94 1674.44 -7.73 3031.92 3148.80 -3.71 Other Income 1.36 1.79 -24.02 3.12 2.89 7.96 30.88 4.99 518.84 PBIDT 71.18 105.61 -32.60 87.39 206.68 -57.72 297.70 290.44 2.50 Interest 10.34 7.70 34.29 19.98 17.52 14.04 37.09 44.63 -16.89 PBDT 60.84 97.91 -37.86 67.41 189.16 -64.36 260.61 245.81 6.02 Depreciation 33.13 34.70 -4.52 66.25 68.75 -3.64 139.35 140.13 -0.56 PBT 27.71 63.21 -56.16 1.16 120.41 -99.04 121.26 105.68 14.74 TAX 3.97 33.85 -88.27 -5.38 52.55 -110.24 37.58 25.52 47.26 Deferred Tax -11.94 15.71 -176.00 -21.29 10.65 -299.91 0.00 0.00 0.00 PAT 23.75 29.36 -19.11 6.55 67.86 -90.35 83.68 80.16 4.39 Equity 13.33 13.33 0.00 13.33 13.33 0.00 13.33 13.33 0.00 PBIDTM(%) 8.89 12.54 -29.12 5.66 12.34 -54.17 9.82 9.22 6.45
GRP is currently trading at Rs. 1274.95, down by 21.55 points or 1.66% from its previous closing of Rs. 1296.50 on the BSE.The scrip opened at Rs. 1280.00 and has touched a high and low of Rs. 1298.90 and Rs. 1262.55 respectively. The BSE group `B` stock of face value Rs. 10 has touched a 52 week high of Rs. 1802.00 on 17-Apr-2017 and a 52 week low of Rs. 1262.55 on 13-Sep-2017.Last one week high and low of the scrip stood at Rs. 1324.00 and Rs. 1262.55 respectively. The current market cap of the company is Rs. 169.99 crore.The promoters holding in the company stood at 41.73%, while Institutions and Non-Institutions held 0.19% and 58.08% respectively.The company has reported a net loss of Rs 1.72 crore for first quarter ended June 30, 2017 as against a net profit of Rs 3.85 crore for the same quarter in the previous year. Total income of the company decreased by 10.50% at Rs 74.57 crore for Q1FY18 as compared Rs 83.32 crore for the corresponding quarter previous year.GRP produces reclaim rubber from scrap of whole tyres, tread peelings, natural rubber tubes, butyl tubes, moulded rubber products for different applications in both, tyre and non tyre rubber products.
GRP is currently trading at Rs. 1780.00, up by 40.00 points or 2.30% from its previous closing of Rs. 1740.00 on the BSE.The scrip opened at Rs. 1788.85 and has touched a high and low of Rs. 1788.85 and Rs. 1780.00 respectively. The BSE group `B` stock of face value Rs. 10 has touched a 52 week high of Rs. 1802.00 on 17-Apr-2017 and a 52 week low of Rs. 990.25 on 03-Jun-2016.Last one week high and low of the scrip stood at Rs. 1802.00 and Rs. 1700.00 respectively. The current market cap of the company is Rs. 237.33 crore.The promoters holding in the company stood at 41.76%, while Institutions and Non-Institutions held 0.18% and 58.05% respectively.GRP has signed a manufacturing and supply agreement with a USA based company. The agreement is for exclusive manufacture, process and supply of composite products. The manufacturing facility will be set up at one of the existing GRP plants in Maharashtra and is expected to commence before end of this fiscal year. The investment in the equipment for the venture is estimated at Rs 2.20 crore.GRP produces reclaim rubber from scrap of whole tyres, tread peelings, natural rubber tubes, butyl tubes, moulded rubber products for different applications in both, tyre and non tyre rubber products.
GRP has submitted a copy of proceedings of 42nd Annual General Meeting of the members of the Company held on September 21, 2016.The above information is a part of company’s filings submitted to BSE.
GRP has informed about the details of Voting results at the 42nd Annual General Meeting (AGM) of the Company held on September 22, 2016, under Regulation 44(3) of SEBI (LODR) Regulations, 2015 along with Scrutinizers Report.The above information is a part of company’s filings submitted to BSE.
GRP has informed that the 42nd Annual General Meeting (AGM) of the Company was held on September 21, 2016.The above information is a part of company’s filings submitted to BSE.
GRP has informed about Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information.The above information is a part of company’s filings submitted to BSE.
GRP has informed that the credit rating agency, CRISIL has revised credit rating of various Bank loan facilities.The above information is a part of company’s filings submitted to BSE.
GRP has informed about Financial Results for the period ended December 31, 2015 (Standalone); and Limited Review Report for the period ended December 31, 2015 (Standalone).The above information is a part of company’s filings submitted to BSE.
GRP has informed about the details of Voting results of Postal Ballot, under Regulation 44(3) of SEBI (LODR) Regulations, 2015.The above information is a part of company’s filings submitted to BSE.