
Garware Hi-Tech Films (GRWRHITECH) Share Price Falls 6.35% Today
Updated: 7 Sept 2026 • 11:57 am
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Garware Hi-Tech Films Share Price fell to Rs 6,640.50 on 07 September 2026, down 6.35% or Rs 450.20 from the previous close of Rs 7,090.70. The stock opened at Rs 7,199.75, which also stood as the day’s high, and later moved down toward an intraday low of Rs 6,636.00. With the price trading close to that low at the time of the snapshot, the session reflected clear weakness in intraday momentum.
For anyone tracking Garware Hi-Tech Films Share Price Today, the available data confirms the decline but does not identify a company-specific trigger. That means the day’s move is best understood through price action, valuation, technical levels and industry comparisons rather than through any confirmed event catalyst. The company remains a Mid Cap name with a market capitalisation of Rs 16,473.39 crore, which is large enough to keep the stock visible on market screens when a sharp one-day move appears.
From a ratios perspective, the supplied figures show a P/E of 42.47, P/B of 5.91, ROE of 13.45%, ROCE of 18.08%, EPS of Rs 166.95, book value of Rs 1,200.40 and dividend yield of 0.17%. Together, these numbers suggest a stock that trades at premium valuation multiples relative to much of its industry while still delivering profitability metrics above broader sector medians.
Technical context adds another layer. The stock is below its 50-day moving average of Rs 7,153.68 but above its 200-day moving average of Rs 5,318.83. RSI stands at 50.17, which by itself does not indicate an extreme reading. In simple terms, the short-term picture looks weak from today’s action, while the longer-term position remains above the 200 DMA.
Garware Hi-Tech Films (GRWRHITECH) Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 6,640.5 |
| Previous Close | Rs 7,090.7 |
| Today's Move | -Rs 450.20 (-6.35%) |
| Open | Rs 7,199.75 |
| High | Rs 7,199.75 |
| Low | Rs 6,636 |
| Turnover | Rs 2.37 crore |
| Market Capitalisation | Rs 16,473.39 crore |
| Market Cap Category | Mid Cap |
Garware Hi-Tech Films Share Price showed a weak intraday structure. Because the stock opened at Rs 7,199.75 and that remained the session high, buyers were unable to hold the opening level. The subsequent move down to Rs 6,636.00 and a trading price near Rs 6,640.50 indicates that the pressure persisted through the session rather than fading quickly.
The distance between the current price and the day’s low was only Rs 4.50 in the supplied snapshot, which suggests little rebound from intraday weakness. Turnover of Rs 2.37 crore shows there was measurable market participation, although the dataset does not establish whether that came from company-specific news, broader market selling, or routine price discovery. Since no explicit trigger is provided, the most careful reading is that the stock remained under pressure on the day and ended close to its weakest levels.
For traders and investors alike, two near-term reference points naturally stand out from the session data: Rs 6,636.00 on the downside and Rs 7,199.75 on the upside. Those are simply the recorded low and high of the day, not forecasts. In the absence of additional information, they offer a straightforward frame for observing how the stock behaves after a sharp fall.
Garware Hi-Tech Films (GRWRHITECH) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 16,473.39 crore |
| P/E Ratio | 42.47x |
| P/B Ratio | 5.91x |
| ROE | 13.45% |
| ROCE | 18.08% |
| EPS | Rs 166.95 |
| Book Value Per Share | Rs 1,200.4 |
| Dividend Yield | 0.17% |
On fundamentals, the company sits in an interesting position. A P/E of 42.47 and P/B of 5.91 indicate that the market has assigned it relatively rich valuation multiples based on the supplied numbers. At the same time, ROE of 13.45% and ROCE of 18.08% show profitability that is meaningfully above broad industry benchmark levels. That combination often leads investors to watch whether premium valuation remains supported by operating quality.
EPS of Rs 166.95 gives the earnings-per-share reference embedded in the current valuation, while book value per share of Rs 1,200.40 provides balance-sheet context. Dividend yield at 0.17% is modest, so the stock’s market profile appears more linked to earnings and return ratios than to income distribution. None of these figures alone explains today’s decline, but together they show why the stock remains relevant even after a weak session.
Garware Hi-Tech Films Share Price therefore sits at the intersection of premium pricing and solid profitability. That does not by itself make the stock attractive or unattractive; it simply means market participants may react more sharply when sentiment changes because valuation leaves less room for disappointment than it would in a lower-multiple stock.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Plastic Products |
| Industry | Plastic Products |
| Benchmark Scope | same industry |
| Company P/E Ratio | 42.47x |
| Benchmark Median P/E | 19.29x |
| Benchmark Average P/E | 35.78x |
| Benchmark P/E Range | 0x to 422.44x |
| Company P/B Ratio | 5.91x |
| Benchmark Median P/B | 1.58x |
| Benchmark Average P/B | 2.92x |
| Company ROE | 13.45% |
| Benchmark Median ROE | 7.53% |
| Benchmark Average ROE | 6.88% |
| Company ROCE | 18.08% |
| Benchmark Median ROCE | 10.94% |
| Benchmark Average ROCE | 13.22% |
| Company Market Capitalisation | Rs 16,473.39 crore |
| Benchmark Median Market Cap | Rs 111.98 crore |
| Benchmark Average Market Cap | Rs 1,330.55 crore |
The Plastic Products benchmark helps put those numbers into context. Across 149 companies in the same industry set, the median P/E is 19.29 and the average P/E is 35.78, compared with 42.47 for Garware Hi-Tech Films. On P/B, the gap is also notable: the company’s 5.91 compares with an industry median of 1.58 and average of 2.92.
Profitability tells a different story. ROE of 13.45% stands above the industry median of 7.53% and average of 6.88%. ROCE of 18.08% is also ahead of the benchmark median of 10.94% and average of 13.22%. So while valuation looks higher than broad industry central tendencies, profitability is stronger than many companies in the same universe.
Scale matters too. The company’s market capitalisation of Rs 16,473.39 crore is far above the industry median market cap of Rs 111.98 crore and average of Rs 1,330.55 crore. This suggests the stock is not only larger than a typical listed peer in the segment, but also valued more richly than the middle of the industry distribution.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| Supreme Industries | SUPREMEIND | 43,826.18 | 42.45 | 6.87 | 16.13 | 21.49 |
| Astral | ASTRAL | 40,426.48 | 70.25 | 9.68 | 13.94 | 19.95 |
| Shaily Engineering Plastics | SHAILY | 15,071.95 | 85.25 | 19.88 | 27.06 | 29.46 |
| Finolex Industries | FINPIPE | 9,843.87 | 16 | 1.56 | 9.73 | 12.73 |
| Time Technoplast | TIMETECHNO | 9,300.09 | 18.99 | 2.21 | 13.66 | 17.37 |
Against named peers, the stock occupies a middle-to-upper position by size. Its market cap is below Supreme Industries and Astral, slightly above Shaily Engineering Plastics, and comfortably above Finolex Industries and Time Technoplast. On earnings valuation, it is almost identical to Supreme Industries at 42.45, lower than Astral at 70.25 and Shaily at 85.25, but higher than Finolex at 16.00 and Time Technoplast at 18.99.
On book valuation, the company’s P/B of 5.91 is lower than Supreme’s 6.87, Astral’s 9.68 and Shaily’s 19.88, while staying above Finolex’s 1.56 and Time Technoplast’s 2.21. Profitability is mixed rather than dominant. ROE of 13.45% is close to Astral and Time Technoplast, below Supreme and Shaily, but above Finolex. ROCE of 18.08% is below Supreme, Astral and Shaily, though ahead of Finolex and Time Technoplast.
This comparison suggests the market places the company among the better-regarded names in the industry, but not at the highest profitability end of the peer set. That balance may explain why the stock attracts attention when a sharp daily decline occurs.
Why Investors Are Watching the Stock
- Garware Hi-Tech Films Share Price declined 6.35% today, from Rs 7,090.70 to Rs 6,640.50.
- The stock opened at its day’s high and later traded near its day’s low, pointing to sustained weakness.
- It remains below the 50 DMA of Rs 7,153.68 but above the 200 DMA of Rs 5,318.83.
- Valuation multiples are above industry median and average levels, with P/E at 42.47 and P/B at 5.91.
- Profitability ratios are stronger than broad industry medians, with ROE at 13.45% and ROCE at 18.08%.
- The company’s Rs 16,473.39 crore market cap keeps it relevant within the Plastic Products space.
About Garware Hi-Tech Films
Garware Hi-Tech Films is classified in the Plastic Products sector and industry in the supplied market dataset. Within that universe, it stands out as a sizeable listed player by market capitalisation. The same-industry comparison set includes companies such as Supreme Industries, Astral, Shaily Engineering Plastics, Finolex Industries and Time Technoplast, placing the stock within a recognizable peer group for valuation and profitability analysis.
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Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions
Why did Garware Hi-Tech Films Share Price fall today?
Ans. The stock fell 6.35% to Rs 6,640.50 from the previous close of Rs 7,090.70. The supplied data confirms the decline, but it does not provide a company-specific catalyst for the move.
What is Garware Hi-Tech Films Share Price today?
Ans. Garware Hi-Tech Films Share Price Today is Rs 6,640.50, down Rs 450.20 on the session. The previous close was Rs 7,090.7. The stock moved 6.35% lower during the session. The intraday range extended from Rs 6,636 to Rs 7,199.75.
What is the company’s market capitalisation?
Ans. The market capitalisation is Rs 16,473.39 crore, placing the company in the Mid Cap category. The company operates in the Plastic Products sector. Its P/E ratio is 42.47x. ROE is 13.45% and ROCE is 18.08%.
How does valuation compare with the industry?
Ans. The company trades at a P/E of 42.47 versus the industry median of 19.29 and average of 35.78. Its P/B of 5.91 is also above the industry median of 1.58 and average of 2.92.
How does it compare with major peers?
Ans. Its P/E is close to Supreme Industries, lower than Astral and Shaily Engineering Plastics, and higher than Finolex Industries and Time Technoplast. In market-cap terms, it is smaller than Supreme and Astral but larger than Finolex and Time Technoplast.
What should investors monitor next?
Ans. Investors may watch whether the price stabilises after today’s decline, how it behaves around the recorded intraday low of Rs 6,636.00 and day’s high of Rs 7,199.75, and whether valuation continues to be supported by profitability metrics.
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