Gujarat Petrosynthese Ltd
GUJA

Gujarat Petrosynthese Ltd (506858)

₹39.044.99%

Key Stats

₹39.05
Day's Price Range
₹39.2
₹34.15
52-Week Price Range
₹82
1 Month Return-2.03 %
3 Month Return6.75 %
1 Year Return2.75 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 12
16.13
EPS
Rank 21
₹2.56
BVPS
Rank 10
₹74.27
Dividend Yield
Rank 17
ROE
Rank 81
-0.94%
Price To Book Ratio
Rank 3
0.55
Debt To Asset
Rank 41
0.04

Company Information

Incorporated in 1977 Gujarat Petrosynthese is headed by R M Thakkar as Chairman Managing Director. The main product of the company is polybutane. In 1990 the company increased its capacity to 6250 tpa. In the same year the company diversified into the shipping business by acquiring a chemical carrier.In 1995 the company and Karnataka State Industrial Investment and Development Corporation KSIIDC planned to set up a joint venture in Bangalore in technical and financial collaboration with China National Chemical Construction Corporation to manufacture polymer blends an import substitute. In 199697 the joint sector project Karnataka Petrosynthese Ltd. Bangalore successfully commenced commercial production. In 199798 the company embarked on an extensive restructuring of its activities to meet the challenges of the new liberalized environment. The various initiatives taken by the Company in this regard are1 Strategic alliance with Indian Petrochemicals Corporation Limited2 Restructuring the Companys activities through modification of Organisation Structure Human Resource Development Cost Cutting Program Product mix Strengthening Research Development efforts to work towards new product development and value addition.The Companys plant is 16 years old and there has been obsolescence in Control Instrumentation and as well as on line analytical instrumentation.The company is planning to manufacture chemically pure and FDA grade of Polybutene.The company has approved amalgamation of Karnataka Petrosynthese Ltd. KPL with the company. One equity share of the company will be allotted for every five equity shares.
OrganisationGujarat Petrosynthese Ltd
HeadquartersBangalore
IndustryPlastic products