Garware Polyester Limited Rebrands as Garware Hi-Tech Films Limited

India's pioneer in the Polyester film business and leading Specialty Performance polyester film manufacturer Garware Polyester Ltd announced a change in corporate brand name to Garware Hi-Tech Films Ltd. (GHFL). The company is one of the leading manufacturers of Sun control Films globally and has also recently launched its Automotive Paint Protection Films(PPF) which has been well received in the international Market another first from Garware.

Garware Hi-Tech films (GHFL)has been focused on R&D to bring the cutting edge of technology to create unique products addressing the needs of the Premium Automotive, Architectural, Beverages and other industries. GHFL has also been conscious of the environment and have developed Post-Consumer Recycled films, Certified by competent international laboratories.

"We've built a strong reputation as a global brand, with high quality products, value addition, innovation and we wanted this to reflect in our name," said Mr. S. B. Garware, Chairman & Managing Director, Garware Hi-Tech Films Ltd., "We are a hi-Tech company investing in new innovations and technologies and hope to attain a strong leadership position in the years to come. This is now captured correctly in our new name. The new identity and name is a reflection of our commitment & focus to grow in different product categories and Geographies".

After the change in identity and name, the organization will now be known as 'Garware Hi-Tech Films Ltd.', The name change has been updated on BSE, the company's new ticker symbol is updated as 'GRWRHITECH'.

Shares of GARWARE POLYESTER LTD. was last trading in BSE at Rs.832 as compared to the previous close of Rs. 829.15. The total number of shares traded during the day was 69336 in over 959 trades.

The stock hit an intraday high of Rs. 846.25 and intraday low of 823.1. The net turnover during the day was Rs. 58151231.

Source : Equity Bulls

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