Cosmo First touches the roof on commissioning new BOPP Film Line at Aurangabad manufacturing plant
Cosmo First is locked its upper circuit at Rs. 1246.70, up by 59.35 points or 5.00% from its previous closing of Rs. 1187.35 on the BSE.
The scrip opened at Rs. 1189.00 and has touched a high and low of Rs. 1246.70 and Rs. 1175.75 respectively. So far 6550 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1,246.70 on 02-June-2025 and a 52 week low of Rs. 515.00 on 04-Jun-2024.
Last one week high and low of the scrip stood at Rs. 1246.70 and Rs. 922.45 respectively. The current market cap of the company is Rs. 3272.55 crore.
The promoters holding in the company stood at 40.98%, while Institutions and Non-Institutions held 3.22% and 55.80% respectively.
Cosmo First has commissioned new BOPP (Biaxially Oriented PolyPropylene) Film Line with Capex of over Rs 400 crore at the company's existing manufacturing plant located at Aurangabad, Maharashtra. The new line boasts an annual rated capacity of 81,200 MT with the world’s most advanced technology. With the commissioning of the new line, the company’s annual BOPP capacity will increase by around 40% to 2,77,000 MT.
Speciality sales at Cosmo First have been growing at a CAGR of 10% for the last 6 years. The new BOPP Line will support the company in further expanding its product portfolio across speciality films and packaging. The company plans to further strengthen its speciality films product portfolio with several new products in the pipeline, expected to be launched in the upcoming quarters.
Cosmo Films is a global leader in speciality films for packaging, lamination and labeling applications.
