M M Rubber Co Ltd share Price Today

MM Rubber Co Ltd was established in 1964. The Company is now mainly engaged in the production and sale of Latex Foam Rubber products like Mattresses, Pillows, Cushions etc., under the brand name of "MM Foam". The sleep segments, the upholstery segments and transport segments etc., have very large usage for Foam Rubber products. In addition, the company has started marketing coir mattresses under its own brand name. Company`s products are well known in Foam and Furnishing segments. There are two main divisions viz.,MM FOAM & MM WRAP.MM Foam division continues to design and develop seats and cushions for the two wheeler and automobile industry. The company was the first in India to introduce a bi-axially oriented polypropylene film. This film has been developed for several specialised uses in food,biscuits and cigarette packing. Again, it developed powder-free medical gloves. The company had issued 29,88,339 Equity Shares of Rs.10/- at par on Rights basis in 1995. The proceeds of the Rights Issue during the year 1995 have been utilised to meet the cost of modernising machineries of the BOPP and Latex foam factories and for the required working capital. The Company started production work of Latex Rubber Sheet at Ranipet in 2019.

M M Rubber Co share price as on 16 Apr 2024 is Rs. 102.02. Over the past 6 months, the M M Rubber Co share price has decreased by 18.25% and in the last one year, it has decreased by 11.05%. The 52-week low for M M Rubber Co share price was Rs. 88.4 and 52-week high was Rs. 155.4.