Garware Hi-Tech Films Ltd. (GRWRHITECH) Share Price Hits New 52-Week High

Garware Hi-Tech Films Ltd. Share Price reached a fresh 52-week high of Rs 7521.95 today, marking a 0.17% increase from the previous close. The company's market capitalisation stands at Rs 17,035.27 crore.

Garware Hi-Tech Films Ltd. Share Price has reached a new 52-week high of Rs 7521.95, reflecting a 0.17% increase from the previous close of Rs 7412.4. The stock opened at Rs 7483.35 and experienced a day low of Rs 7150.5. This milestone highlights the company's strong market presence, with a market capitalisation of Rs 17,035.27 crore. Investors are closely monitoring the stock's performance, given its significant position in the Plastic Products sector.

Garware Hi-Tech Films Ltd. Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 7,425
Previous Close	Rs 7,412.4
Today's Change	+Rs 12.6 (+0.17%)
Day Open	Rs 7,483.35
Fresh 52-Week High	Rs 7,521.95
Day Low	Rs 7,150.5
Current Volume	2,186
Turnover	Rs 1.62 crore
Market Capitalisation	Rs 17,035.27 crore

Garware Hi-Tech Films Ltd. (GRWRHITECH) traded at Rs 7,425. versus the previous close of Rs 7,412.4, a rise of 0.17%. The stock opened at Rs 7,483.35, reached Rs 7,521.95, touched Rs 7,150.5. Reported volume was 2,186.

Today, Garware Hi-Tech Films Ltd. opened at Rs 7483.35 and reached a high of Rs 7521.95, setting a new 52-week peak. The stock closed at Rs 7425, up by Rs 12.6 or 0.17% from the previous close. The day's turnover was Rs 1.62 crore, with a trading volume of 2186 shares. This price action underscores the stock's upward momentum, attracting investor attention.

Garware Hi-Tech Films Ltd. (GRWRHITECH) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 17,035.27 crore
P/E Ratio	29.73x
P/B Ratio	1.81x
ROE	23.65%
ROCE	28.73%

Garware Hi-Tech Films Ltd. was valued at a P/E ratio of 29.73x, a P/B ratio of 1.81x. These multiples provide valuation context, but they should not be labelled expensive or inexpensive without a comparable peer or sector benchmark.

Profitability and capital efficiency were represented by ROE of 23.65% and ROCE of 28.73%. ROE relates profit to shareholder equity, while ROCE measures returns generated on the capital employed in the business.

Sector and Industry Context

Metric	Value
Sector	Plastic Products
Benchmark Scope	same sector
Company P/E Ratio	29.73x
Benchmark Median P/E	16.38x
Benchmark Average P/E	30.52x
Benchmark P/E Range	0x to 349.26x
Company P/B Ratio	1.81x
Benchmark Median P/B	1.46x
Company ROE	23.65%
Benchmark Median ROE	7.29%
Company ROCE	28.73%
Benchmark Median ROCE	9.69%
Company Market Capitalisation	Rs 17,035.27 crore
Benchmark Median Market Cap	Rs 110.25 crore

Garware Hi-Tech Films Ltd. (GRWRHITECH) is classified under sector: Plastic Products.

Garware Hi-Tech Films Ltd. (GRWRHITECH) has a P/E ratio of 29.73x, which is above the benchmark median of 16.38x, a difference of +81.5%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.

Garware Hi-Tech Films Ltd. (GRWRHITECH) has a ROE of 23.65%, which is above the benchmark median of 7.29%, a difference of +224.42%. Garware Hi-Tech Films Ltd. (GRWRHITECH) has a ROCE of 28.73%, which is above the benchmark median of 9.69%, a difference of +196.49%.

Track stocks reaching yearly peaks through the Univest 52-week-high screener. The peer table below provides the company-level comparison.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
Prince Pipes and Fittings Ltd.	PRINCEPIPE	3,035.45	29.73	1.81	23.65	28.73
Ddev Plastiks Industries Ltd.	DDEVPLSTIK	2,984.27	14.79	2.95	-53.85	-4.05
Xpro India Ltd.	XPROINDIA	2,782.18	79.8	3.4	40.04	22.21
EPACK PREFAB TECHN LTD	EPACKPEB	2,622.39	27.16	3.42	10.21	13.83
Nilkamal Ltd.	NILKAMAL	2,608.46	21.42	1.67	7.13	10.95

Garware Hi-Tech Films Ltd. (GRWRHITECH) has a P/E ratio of 29.73x compared with the displayed peer median of 27.16x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 23.65% compares with a peer median of 10.21% across the companies shown in the table. ROCE stood at 28.73% versus the displayed peer median of 13.83%, providing a capital-efficiency comparison. Garware Hi-Tech Films Ltd. (GRWRHITECH) has a market capitalisation of Rs 17,035.27 crore. Among the 5 peers shown, 0 have a larger market capitalisation.

Why Investors Are Watching Garware Hi-Tech Films Ltd.

• New 52-week high at Rs 7521.95, indicating strong price momentum.
• Robust financial metrics with high ROE and ROCE.
• Strong market capitalisation within the sector.
• Competitive valuation compared to peers.

About Garware Hi-Tech Films Ltd.

Garware Hi-Tech Films Ltd. is a prominent player in the Plastic Products sector, known for its innovative film solutions. The company caters to various industries, providing high-quality products that meet diverse market needs. With a strong focus on research and development, Garware Hi-Tech Films Ltd. continues to enhance its product offerings, maintaining a competitive edge in the industry.

Track Garware Hi-Tech Films Ltd. Share Price on Univest

Use Garware Hi-Tech Films Ltd. (GRWRHITECH) live share-price page, Univest 52-week-high screener, Univest market blogs to review live stock data, yearly-high lists and related market analysis.

Investors can track Garware Hi-Tech Films Ltd. Share Price, technical indicators, fundamental ratios, and market insights on Univest. Stay updated with the latest share price movements and financial analysis.

Frequently Asked Questions

What is the current share price of Garware Hi-Tech Films Ltd.?

Ans. The current share price of Garware Hi-Tech Films Ltd. is Rs 7425, marking a 0.17% increase from the previous close. The stock moved 0.17% during the session. The intraday range extended from Rs 7,150.5 to Rs 7,521.95.

What is the 52-week high of Garware Hi-Tech Films Ltd.?

Ans. Garware Hi-Tech Films Ltd. reached a 52-week high of Rs 7521.95 today. The stock moved 0.17% during the session. The intraday range extended from Rs 7,150.5 to Rs 7,521.95. Its market capitalisation is Rs 17,035.27 crore.

What is the market capitalisation of Garware Hi-Tech Films Ltd.?

Ans. The market capitalisation of Garware Hi-Tech Films Ltd. is Rs 17,035.27 crore. The company operates in the Plastic Products sector. Its P/E ratio is 29.73x. ROE is 23.65% and ROCE is 28.73%.

How does Garware Hi-Tech Films Ltd.'s P/E ratio compare to the sector?

Ans. Garware Hi-Tech Films Ltd.'s P/E ratio of 29.73 is above the sector median of 16.38, indicating a higher valuation. The company trades at a P/E ratio of 29.73x. Its P/B ratio is 1.81x.

What are the ROE and ROCE of Garware Hi-Tech Films Ltd.?

Ans. Garware Hi-Tech Films Ltd. has an ROE of 23.65% and a ROCE of 28.73%, both above sector averages. ROE stands at 23.65%. ROCE stands at 28.73%. The relevant peer median ROE is 7.29%.

Who are the peers of Garware Hi-Tech Films Ltd.?

Ans. Peers include Prince Pipes and Fittings Ltd., Ddev Plastiks Industries Ltd., and Xpro India Ltd. Comparable listed companies include Prince Pipes and Fittings Ltd., Ddev Plastiks Industries Ltd., Xpro India Ltd.

What is the sector benchmark for P/E in the Plastic Products sector?

Ans. The sector benchmark for P/E in the Plastic Products sector is a median of 16.38. The company trades at a P/E ratio of 29.73x. Its P/B ratio is 1.81x. The relevant peer median P/E is 16.38x.

How does Garware Hi-Tech Films Ltd. perform compared to its peers?

Ans. Garware Hi-Tech Films Ltd. outperforms most peers in ROE and ROCE, indicating strong financial health. Comparable listed companies include Prince Pipes and Fittings Ltd., Ddev Plastiks Industries Ltd., Xpro India Ltd.