Pacific Industries Limited was incorporated in July 1989. The Company is engaged in the export, manufacturing & trading of Granite tiles & slabs and Quartz Slabs and other goods and commission activities. Promoted by B R Agarwal and J P Agarwal, the Company is well-known in Rajasthan. It was established near Udaipur as a 100% EOU in collaboration with SIGEP, Italy, to manufacture polished granite slabs (inst. cap. : 1.2 lac sq mtr pa). In Oct.'91, it came out with its maiden public issue. In Mar.'92 the unit commenced commercial production.
The company has four mines in Rajasthan and quarries in Karnataka, providing around 4000 cu mtr pa of granites. A recognised Export House, it was awarded the Best Export Award in the mines and minerals segment at the state level in 1993-94.
Pacific Industries has embarked on a major expansion to increase its installed capacity by 2,40,000 sq mtr near Bangalore, thus tripling its capacity. In this connection, the company has acquired 6.1 acres of land near Bangalore. The civil work for the first phase of this unit is almost complete. The plant and machinery, including four gangsaws, one polishing machine, one bridge-cutting machine and one CNC machine, has already been shifted. It is also purchasing a gantry crane, an EOT crane and a stationary diamond wire saw from Pelligrini, Italy. Besides, it is acquiring and developing a number of mines around Bangalore for captive use.
In 2003-04, the Company installed a marble Gangsaw U ...nit at Udaipur Factory with an annual capacity of 1,00,000 Square Metres (SQM). and commenced its production from 15th October, 2004. In 2004-05, it installed 2 Gangsaws from China for Bangalore Unit.
1. Can I buy Pacific Industries Ltd from PL Capital? ›
Yes, you can invest in Pacific Industries Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Pacific Industries Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Pacific Industries Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Pacific Industries Ltd pay dividends? ›
Pacific Industries Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Pacific Industries Ltd ? ›
As of
01-Jan-1980 , 00:00:00 the share price for Pacific Industries Ltd. is ₹ 145 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Pacific Industries Ltd ? ›
The 52-week high and low of Pacific Industries Ltd share price is ₹ - ₹ as of
01-Jan-1980 , 00:00:00 .
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