Indian Acrylics Ltd
INDI

Indian Acrylics Ltd (514165)

₹12.30.73%

Key Stats

₹12.23
Day's Price Range
₹12.6
₹11
52-Week Price Range
₹20.45
1 Month Return-11.65 %
3 Month Return6.73 %
1 Year Return-19.3 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 414
-2.94
EPS
Rank 411
₹-4.17
BVPS
Rank 439
₹5.36
Dividend Yield
Rank 185
ROE
Rank 650
Price To Book Ratio
2.27
Debt To Asset
Rank 140
0.74

Company Information

Incorporated in Feb.86 Indian Acrylics was originally formed as a joint sector project by R K Garg and the Punjab State Industrial Development Corporation. The company manufactures acrylic fibre. The company has a technical collaboration with E I DuPont de Nemours Company US. In 199596 the company increased the capacity of acrylic fibre by 6000 tpa. In 199697 company has increased the installed capacity of acrylic fibre by 5000 tpa. The company has increased subscribed capital by 5.00 crores and has issued for cash at par to the promoters as stipulated by the financial institutions and approved in the meeting held on 17/03/97. In 199798 it increased the installed capacity to 25000 MT.During the year 19992000 due to significant export performance the Government of India has imposed antidumping duty from Japan Spain Italy Portugal Korea USA Thailand Mexico Germany and Turkey.The company has established a Research Development Centre and has been making continuous efforts in developing new fibres in microdeniers. The company has introduced 0.9 denier fibre for the first time in the worldduring 200001.The company has remained the largest Acrylic Fibre manufacturer in the country during the year 200001.The company has received Export Award from Government of India for its best Export performance in Acrylic Staple Fibre for the year 200304for the third consecutive year.
OrganisationIndian Acrylics Ltd
HeadquartersSangrur
IndustryTextiles