AVI Polymers Ltd share Price

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• AVI Polymers Limited is a Petrochem (Polymers) sector company, having its market capitalization worth Rs.2.92 crores as of 12th May 2021. The company was incorporated in 1993. The company has reported its quarterly net sales of Rs. 2.02 crores at the end of December 2020. This company is found listed on the Bombay Stock Exchange (BSE), having the code 539288, and it is not listed on National Stock Exchange (NSE). The share price today, as of 12th May 2021, stands at Rs. 11.53 on BSE. AVI Polymers Limited is classified as a Non-Government company which is registered with the Registrar of Companies, Jharkhand. The paid-up share capital of AVI Polymers Limited is 40907000, and the authorized share capital is 6.50 crores. AVI Polymers Limited is engaged in the wholesale trading of Chemicals. It is a listed company public limited company located in Ranchi. The company is involved in the manufacturing of polymer compounds for plastics, cables and the textile industries. The company had set up a trading division in 2003 in order to venture into the trading of polymers. The company subsequently expanded their activities with a strong base foundation in Specialty Chemical Industry. Over the years, AVI Polymers Limited eventually developed into a high-performance trading house that handles a wide and well-balanced portfolio of a variety of products like rubber and plastic compounds, detergent chemicals and dyes intermediates. The company got listed and public in 2015. The company operates under the leadership of MD Mr Mansukh Patel and Director and CS Ms Monica Shah. For the past two quarters, the company's profits are increasing, and it has a solid annual EPS growth. The company has no debt, and the revenue has been on an increasing trend for the past two quarters. Besides these, the company shows a robust cash-generating ability from the core business for the past two years. The promoters' holdings reflected a quarter-on-quarter decline of over 2%. The company conducted a Board meeting recently on 19th January 2021 where it approved the quarterly/nine month-ended unaudited financial results for the period ended 31st December 2020. The financial overview of the financial year 2020 reflected an operating profit of Rs. 0.23 crores and an EPS of Rs. 0.15.