La Opala RG Limitedis a Salt Lake City, Kolkata-based firm active in the glass and glass products manufacturing sector. Incorporated in 1987, the company is majorly involved in producing and selling lifestyle tableware products.
La Opala’s revenues (standalone) were Rs 134.9 crore, and net profits were Rs 39.07 crore in Q2 FY22–23. In comparison, in September 2021, its revenues were Rs 92.29 crore, and profits were Rs 27.35 crore.
Its stocks are traded on the National Stock Exchange and Bombay Stock Exchange under the codes LAOPALA and 526947, respectively.
The firm’s market capitalisation, as recorded on 29 November 2022, was Rs 4,234 crore.
In the September 22 quarter, the promoters’ holding remained unchanged—the lion’s share of 65.64%. Of this, Genesis Exports Limited owned 46.44%. The other promoters were Ajit Jhunjhunwala (who held a stake of 7.56%), Gyaneshwari Devi Jhunjhunwala (4.48%), Sushil Jhunjhunwala (3.65%), Shruti Kishorepuria (1.44%), Nidhi Jhunjhunwala (0.81%), Abhyuday Jhunjhunwala (0.63%), and Ishita Jhunjhunwala (also 0.63%).
HDFC Small Cap Fund (which held 5.76%), DSP Small Cap Fund (5.16%), UTI Small Cap Fund (2.27%), and ICICI Prudential Bharat Consumption Fund (1.18%) were the domestic institutional investors (DIIs), who, in total, held 15.21%. Among the foreign institutional investors (FIIs)—who together accounted for 4.67%—Malabar India Fund Limited had a stake of 3.24%.
Among the public (non-institutional) investors, Ashish Kacholia held shares amounting to 1.59%, while HUF owned a stake of 0.32%. In total, the public (non-institutional) investors accounted for 14.46%. Others owned 0.02%.
La Opala is promoted by Sushil Jhunjhunwala and Ajit Jhunjhunwala. The chairman is Sushil Jhunjhunwala, Ajit Jhunjhunwala is the managing director, and Nidhi Jhunjhunwala is the executive director. Arun Churiwal, Santanu Ray, Rajiv Gujral, Subir Bose, and Suparna Chakrabortti are the other directors.
Its share price closed at Rs 381.45 (a decline of 3.41%) on 29 November 2022. While the 52-week high was Rs 456.50, the 52-week low was Rs 239.85.
The company competes primarily with Asahi India, Borosil Renewables Ltd., Borosil Ltd., Saint-Gobain Sekurit India Ltd., Empire Industries Ltd., Haldyn Glass, Sejal Glass, and Banaras Beads.
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La Opala RG share price as on 07 Sep 2024 is Rs. 340.25. Over the past 6 months, the La Opala RG share price has increased by 2.53% and in the last one year, it has decreased by 21.06%. The 52-week low for La Opala RG share price was Rs. 290.4 and 52-week high was Rs. 466.7.