/ New Product Launch By Cosmo Films ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Wednesday, 25 January 2017

Cosmo Films, a leading manufacturer of speciality BOPP films, has come up with a range of barrier films, currently being in possession of an array of transparent and metalised varieties.

The solvent free coated films are used in packaging applications related to FMCG, and help in increasing shelf life of the contents and facilitate pack structure rationalisation.

Product in details:

1. High Moisture Barrier Films (HMB): -
These are metallised barrier films, which are corona tested from both the sides, utilised for duplex and sandwich lamination on snack foods, shampoo, sachets, etc.

2. High Speed Barrier Films with High Hot Track (HSB): -
Metalised moisture & oxygen barrier films, boosting productivity.

3. High Seal Strength Barrier Films (HSS)
These have been specially designed for packing applications that require very high seal strengths.

4. Ultra High Barrier Films (UHB)
Can be utilised for substituting alumunium foils since they offer a MVTR & OTR <0.1cc.

Cosmo Films Ltd is currently trading at Rs 375, up by Rs 2.15 or 0.58% from its previous closing of Rs 372.85 on the BSE.

The scrip opened at Rs 372.85 and has touched a high and low of Rs 377 and Rs 372.85 respectively. So far 35674(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 724.82 crore.

The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 431 on 20-Oct-2016 and a 52 week low of Rs 212.5 on 29-Feb-2016. Last one week high and low of the scrip stood at Rs 376.8 and Rs 362.5 respectively.

The promoters holding in the company stood at 43.51 % while Institutions and Non-Institutions held 3.89 % and 51.17 % respectively.

The stock is currently trading above its 200 DMA.

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