Garware Hi Tech Films Ltd

NSE
GRWRHITECH •
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Start SIP in Garware Hi Tech Films Ltd
Stock Performance
52 Week Low - High
Today’s Low - High

Open

Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
290.86% Gain from 52W Low
36.4
TTM PE Ratio
Below industry Median
23.7
Price to Book Ratio
Above industry Median
2.4
Dividend yield 1yr %
Below industry Median
0.5
TTM PEG Ratio
PEG TTM is much higher than 1
2
RSI
RSI is mid-range
54.1
MFI
MFI is mid-range
58.1

Garware Hi Tech Films Ltd Key Financials

*All values are in ₹ Cr.

Garware Hi Tech Films Ltd shareholding Pattern

Promoter
60.7%
Foreign Institutions
0.1%
Mutual Funds
3.6%
Domestic Institutions
3.8%
Public
35.4%

Garware Hi Tech Films Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
11
Bearish Moving Averages
5
5Day EMA
1,941.50
10Day EMA
1,954.70
12Day EMA
1,949.40
20Day EMA
1,907.70
26Day EMA
1,871.60
50Day EMA
1,752.00
100Day EMA
1,583.40
200Day EMA
1,353.30
Delivery & Volume
Resistance & Support
1,936.83
Pivot
Resistance
First Resistance
1,958.67
Second Resistance
1,996.83
Third Resistance
2,018.67
Support
First Support
1,898.67
Second support
1,876.83
Third Support
1,838.67
Relative Strength Index
54.13
Money Flow Index
58.10
MACD
77.73
MACD Signal
100.40
Average True Range
117.14
Average Directional Index
42.81
Rate of Change (21)
16.62
Rate of Change (125)
66.02

Garware Hi Tech Films Ltd Company background

Founded in: 1957
Managing director: S B Garware
Garware Hi Tech Films Ltd (Formerly known Garware Polyester Limited) was incorporated in June, 1957. The company is a leading manufacturer of polyester film in the country. Presently, it is engaged in manufacturing of specialty performance polyester Films like Sun Control window films used in Automobiles, Buildings, etc, Paint Protection Films used in Automobiles and a variety of other specialty polyester films such as PET Shrink films used for Label applications, Low Oligomer PET films used for insulation of hermetically sealed compressors motors, Electric motor insulation and cable insulation, sequin application films, TV and LCD screen application, Packaging applications etc.Prior to these, the Company was primarily manufacturing moulds and dyes for the plastic manufacturers. In 1976, another group company Garware Plastics was merged with it and the name of the company was changed to Garware Plastics and Polyesters. Later on, the company acquired its present name and became a part of the Garware Group. Apart from polyester films, the company has diversified into video magnetic tapes, computer tapes, audio magnetic tapes, Umatic video cassettes, and valueadded products like suncontrol films. GPLs exports comprised mainly of polyester film and filmbased products, to Western Europe, the US, South Korea, Australia and New Zealand. In 199495, Garware Photo and Polyester Films, which manufactures plastic products, ceased to be a subsidiary of the company. The company has formed Garware Chemicals Pvt Ltd, a new company, to implement a project for the manufacture of dimethyl terephthalate (DMT), the main raw material for the manufacture of polyester films.Garware Polyester International and Global Pet Films Inc are the subsidiaries of the company. The companys subsidiary, Garware Chemicals Limited implemented DMT project with 60000 MT per annum capacity. The production was commenced in the early part of 19992000. The company opened warehousing and marketing outfit in Miami(USA) and UK.During 200708, the Company implemented ERP (Kamat Soft) project for better business integration, hosted own centralized email server, launched informative web site, installed CCTV for better security control, installed high speed connectivity for all plant locations for voice and data.During 201112, Garware Chemicals Limited (GCL) was amalgamated with the Company and through the said Scheme, 2,54,764 equity shares of Rs. 10/ each as fully paid up were allotted to the members of GCL, resulting this, the paidup equity share capital of the Company was increased.During 201819, the Company introduced many Coated Products, Co Extruded Products, PETG Shrink Films for label applications with Low, Medium, and High Shrink Force. High heat rejection films were also introduced in International Market. It introduced Paint Protection Film (PPF) for automobile application.During 201920, the Company upgraded and modified PET film manufacturing lines to provide versatility for manufacturing specialty PET films. It launched the Surface Protection Film. The Company was renamed from Garware Polyester Limited to Garware HiTech Films Limited effective on April 20, 2021.During FY 202223, the Company commissioned production of Laminated Sun Control Film.
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Garware Hi Tech Films Ltd FAQs

Garware Hi Tech Films Ltd shares are currently priced at 1920.5 on NSE and 1917.35 on BSE as of 2/29/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.

The past 1-year return of Garware Hi Tech Films Ltd [GRWRHITECH] share was 212.4. The Garware Hi Tech Films Ltd [GRWRHITECH] share hit a 1-year low of Rs. 491.35 and a 1-year high of Rs. 2200.

The market cap of Garware Hi Tech Films Ltd is Rs. 4461.78 Cr. as of 2/29/2024 12:00:00 AM.

The PE ratios of Garware Hi Tech Films Ltd is 29.79 as of 2/29/2024 12:00:00 AM.

The PB ratios of Garware Hi Tech Films Ltd is 2.38 as of 2/29/2024 12:00:00 AM

The Mutual Fund Shareholding was 3.62% at the end of 2/29/2024 12:00:00 AM.

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