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Garware Group Stocks

The Garware Group is a conglomerate of companies that has established itself as a leader across various sectors, including speciality chemicals, technical textiles, and elastomer products. Founded in India, the group has expanded its reach globally, catering to customers in over 75 countries through innovative and high-quality products. Garware Group manufactures polyester films for diverse applications, while Garware Group delivers solutions in high-performance textiles for aquaculture, agriculture, and industrial uses. Garware Group specialises in latex and latex-free elastic rubber products. With a legacy of innovation, quality, and a commitment to sustainability, the Garware Group continues to lead and expand in its respective industries.​​​​​​ Read More
Company
LTP
Volume
Market Cap
52W Low - High
Sector

LTP

₹ 2,168.9

38.15 (1.79%)

Volume

16,710 Cr

Market Cap

₹1,467 Cr

52W Low - High

₹758.50 - ₹2,200.00

Sector

Packaging

LTP

₹ 10.89

-0.11 (-1.00%)

Volume

3,051 Cr

Market Cap

₹5 Cr

52W Low - High

₹6.78 - ₹15.76

Sector

Ship Building

LTP

₹ 19.86

0.87 (4.58%)

Volume

5,695 Cr

Market Cap

₹6 Cr

52W Low - High

₹9.51 - ₹20.99

Sector

Textiles

LTP

₹ 4,115

-12.40 (-0.30%)

Volume

4,407 Cr

Market Cap

₹6,138 Cr

52W Low - High

₹3,007.00 - ₹4,265.00

Sector

Textiles

LTP

₹ 7.85

0.00 (0.00%)

Volume

14,333 Cr

Market Cap

₹96 Cr

52W Low - High

₹0.00 - ₹8.40

Sector

Shipping

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History of Garware Group

The Garware Group is a diversified Indian conglomerate with a rich history and a strong presence in various sectors. Founded in 1955 by the visionary industrialist Abasaheb Garware, the Group has grown into a multi-billion dollar enterprise known for its commitment to quality, innovation, and social responsibility. 

The Garware Group’s commitment to innovation and excellence has made it a leading player in various industries. The group’s focus on sustainability and social responsibility further strengthens its position as a respected corporate citizen.

Garware Group’s Sector Presence

The Garware Group operates in a diverse range of sectors, including:

  • Technical Textiles: GTFL is a major player in this sector, providing innovative solutions for fishing, agriculture, construction, and other industries.
  • Polymer Films: Garware Hi-Tech Films is a global leader in this segment, with a strong presence in packaging, electrical, and other applications.
  • Marine Engineering: Garware Marine Industries offers repair and maintenance services for ships and other marine vessels.
  • Manufacturing: The group has a presence in various manufacturing sectors through its companies like Garware Wall Ropes and Garware Synthetics.

Key Personnel of Garware Group

  • Dr Abasaheb Garware

Dr Abasaheb Garware was the founder of the Garware Group. He was born into a middle-class family on December 21, 1903, in Tasgaon (Sangli district). He commenced his entrepreneurial journey by selling used cars in Mumbai. After developing his business in 1927-28, he initiated Deccan Motor Agency. In 1933, Dr Abasaheb Garware joined the international car trade in England to enhance his business further. Abasaheb launched the thermoplastic industry in India and successfully entered the field of nylon and synthetic fibres.

  • Shashikantji Garware

Shashikantji Garware is the whole and sole of Polyester and Hi-Tech Film Industries. He was born in Mumbai on November 5, 1934. He is the eldest son of the late Abasaheb and late Vimalabai Garware. He was educated at Dulwich College, a prestigious institute in England. He then opted for a Senior Business Management course at the University of Edinburgh, where he specialised in Administration, Sales Management and Market Research. He returned to India and joined his father’s business in 1951, having completed his education with honours.

How to Invest in Garware Group Stocks?

To invest in Garware Group stocks via Angel One, follow these steps:

  • Log in to your Angel One account.
  • Click on the search icon and look for your desired Garware Group stock.
  • Now, place your buy order. Simply click on the ‘Buy’ button, enter your desired quantity, and select the order type. 
  • To complete your transaction, click on the ‘Buy’ button.

You can track the status of the purchase from the ‘Positions’ section in the ‘Orders’ module. Once the stock is delivered, you can track its gains and losses from your ‘Portfolio.’

FAQs

Which are the listed stocks of Garware Group?

Garware Technical Fibres Ltd, Garware Hi-Tech Films Ltd, Garware Synthetics Ltd, and Garware Marine Industries Ltd are listed companies under the Garware Group.

Which is the biggest Garware Group Stock in terms of market capitalisation?

As of January 16, 2024, Garware Technical Fibres Ltd is the biggest company under the Garware Group, with a market capitalisation of ₹7,043 crore.

Who is the founder of Garware Group?

Dr Abasaheb Garware was the founder of the Garware Group. He launched the thermoplastic industry in India and successfully entered the field of nylon and synthetic fibres.

Which Garware Group Stock is the highest profit-making company?

Garware Technical Fibres Ltd reported a profit of ₹68 crore during the September 2023 quarter and became the highest profit-making company under the group.

Which Garware Group Stock has the highest debt?

For the year ended March 2023, Garware Hi-Tech Films Ltd reported the highest debt of ₹141 crore under the group.

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