About Company
Garware Motors Pvt. Ltd. and promoted by Late Padmabhushan Dr. Bhalchandra (Abasaheb) Garware, the origin of Garware Hi-Tech Films Ltd dates back to 1933. At the time, we were in the business of trading imported cars. In 1981, the company was renamed to Garware Polyester Ltd., with the shift in focus to polyester film manufacturing. Today, we are the leading manufacturers, suppliers of high-quality, durable, and highly tensile polyester films internationally.
Our founders built the company with the vision to meet new horizons and combat challenges with competence and dynamism. In keeping with this, we leveraged the latest innovations in technology to build futuristic manufacturing plants that live up to the current market trends and meet the rising needs of our customers.
We dedicated the past and current decades to bring about an in-house technological revolution by filing new patents and launching innovative products.
Our manufacturing facility is dynamically made with pilot plants for film and polymer production. The in-house vertically integrated production plants produce resins that are used to create the final product. This ensures that our polyester films are created in-house, from scratch, to maintain the highest level of quality standards.
We have four manufacturing lines that house the administrative, manufacturing, and R&D for the production of high-tensile polyester films that last for decades.
Supported by close to 1900 employees, our company is built on trust and innovation. By staying updated with the market reforms, we aim to overcome challenging obstacles in a sustainable way through strong methodologies, adding value in everything we do.
Source - https://www.garwarehitechfilms.com/
CMP - 780
Year High - 929
Year Low - 491
Scrip can do well in coming 2-3 years owing to the robust demand for auto sector
Returns
1 month - 35%
3 monthS - 28%
6 months - 15%
12 months 13%
Technicals - Moving Averages
20 DMA - 645
50 DMA - 592
100 DMA - 611
200 DMA - 682
Date 06 June 2023
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