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About MPL Plastics Ltd
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Incorporated in 1972 as a partnership firm, MPL Plastics Ltd (formerly known as Milton Plastics Ltd) was converted into a Public Limited Company on May 1st, 1992. The Company is having manufacturing unit at Silvassa. It carries out the activity of jobwork/processing work of plastic and thermoware products. Currently, the Company has totally stopped all its operations due to various reasons, which badly affected the operations of the Company. The company manufactures a range of plastic household items, insulated thermoware items, vacuum flasks, blossomates, and components and fitments for the automobile industry and various engineering products made from plastics. It launched Funny Bunny baby care product range which includes about 36 baby care products. The product range also includes chinaware and glassware. The company`s products are sold under the Milton brand name. Historically, the Company was the first to launch the Thermoware range in India, by developing its own technology and technical know-how and pioneered the Thermoware segment. In 1995, it entered into a joint venture with the Hong Kong-based Electricals and Electronics (EEL), to launch domestic appliances like sandwich toasters, hand mixers, hair dryers, etc. In 1999, the company introduces six new product ranges namely Microwavable Containers of various sizes, Non-stick ware, Water Purification System, Soft Thermoware Products, Pet Bottles/Jars of various sizes and shapes and Glass Based Tea and Dinnerware. The Board of Directors have decided to close down some of the non-core activities namley polymers trading and lease/finance activities. The Company made a preferential issue of 32,50,000 shares to Sweet Solutions Limited a business associate of the promoters of the Company. By issuing to above business associate the stake of the promoters was increased by 26% as against NIL % in previous year. During 2001-02 the company made a reference to BIFR as networth of the company was fully eroded.
MPL Plastics share price as on 15 May 2025 is Rs. 10.2. Over the past 6 months, the MPL Plastics share price has decreased by 21.54% and in the last one year, it has decreased by 34.95%. The 52-week low for MPL Plastics share price was Rs. 8.5 and 52-week high was Rs. 18.9.
526143
MILTONPLAS
INE343A01016
Sep
MPL Plastics Ltd FAQs
You can buy MPL Plastics Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy MPL Plastics Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of May 15, 2025 04:01 PM the closing price of MPL Plastics Ltd was Rs.10.20.
The latest PE ratio of MPL Plastics Ltd as of May 15, 2025 04:01 PM is 1.41
The latest PB ratio of MPL Plastics Ltd as of May 15, 2025 04:01 PM is -0.26
The 52-week high of MPL Plastics Ltd share price is Rs. 18.90 while the 52-week low is Rs. 8.50
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of May 15, 2025 04:01 PM, the market cap of MPL Plastics Ltd stood at Rs. 12.75 Cr.
Market Outlook
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