GRP Limited (GRPLTD.BO)
GRP Limited operates in the Auto - Parts industry of the Consumer Cyclical sector, headquartered in Mumbai, MA, IN. The stock last traded at $2015.00, up 0.74% on the session, giving a market capitalisation of $10.66B. Its beta of 0.02 implies it has historically moved less than the broad market.
GRP Limited, headquartered in Mumbai, India, was founded in 1974 and is a global manufacturer and distributor of reclaimed rubber products. Operating through its Reclaim Rubber and 'Others' segments, the company offers a comprehensive range of reclaimed natural and synthetic rubbers. These materials are crucial for numerous applications, including tire components like inner liners, tubes, sidewalls, piles, treads, and retreads, as well as non-tire rubber goods such as conveyor belts, molded items, adhesives, footwear, mattings, profiles, and roofing. A key product is POLYCOAT, an elastic powder compound widely used in NBR-based molded parts, metal-to-rubber bonded components, NBR oil seals, NBR sheeting, NBR-PVC blends, tires, conveyor belts, and gaskets. The company also supplies industrial polymers, including reprocessed nylon 6 and modified nylon 6,6 (both glass-filled and unfilled) for the automotive, electrical, consumer goods, and general industrial sectors. Its range of repurposed polyolefins, which features impact copolymer polypropylene and PP-based elastomers, is essential for products like paint and lubricant pails, automotive battery covers, and pallets. Furthermore, GRP Limited manufactures custom die-formed products such as link, door, and industrial mats, alongside robust dock bumpers, primarily catering to civil and agricultural requirements. Diversifying its portfolio, GRP Limited generates power from windmills and provides engineering plastics and polymer composites, including boards, wheel chocks, and assembled products, serving logistics, construction, oil and gas, aviation, marine, industrial, and agricultural applications. The company also invests in the development of innovative poly-blends and thermoplastic elastomers. Originally known as Gujarat Reclaim and Rubber Products Limited, the company adopted its current name, GRP Limited, in June 2012.
GRP Limited is most often compared with the following Consumer Cyclical names: