La Opala RG Ltd Fundamentals
La Opala RG Ltd Financials
Resistance and Support
₹326.12
PIVOT
Resistance | |
---|---|
First Resistance | ₹328.183 |
Second Resistance | ₹331.067 |
Third Resistance | ₹333.133 |
Support | |
---|---|
First Support | ₹323.233 |
Second Support | ₹321.167 |
Third Support | ₹318.283 |
Delivery and Volume
About La Opala RG Ltd
La Opala RG Limited was incorporated in June 11th, 1987. Promoted by Sushil Jhunjhunwala and Ajit Jhunjhunwala, the Company is a leading manufacturer and marketer of life style product in the glassware segment. The Kolkata-based company has a wide network of dealers and retailers and a large marketing field force. The Company's combined production capacity across three manufacturing units in Sitarganj and Madhupur is 36,000 MTPA. La Opala went public in Feb.'95 with an issue of 8.50 lac equity shares, aggregating Rs 340 lac, and the proceeds were used by financing project with Doosan Glass, South Korea, to gain the exclusive right to use the technical know-how, information, and data for the manufacture and sale of crystal ware in India and abroad. The company's products are exported to the East Asian and African countries. The company made a diversification in the field of glass tableware by producing 24% PbO(lead oxide) lead crystalware at Madhupur, Bihar. In Mar.'96 the company commenced commercial production of Crystalware project with the installed capacity of 540 tpa. The merger of Radha Glass & Industries Ltd, with the company was successfully concluded with effect from 1st January 1999 following which company was renamed as La Opala RG Limited. In 1999-2000, for the first time in Indian tableware industry, the company's exclusive showroom was opened in Kolkata, which has been highly acclaimed by its customers. In 2003-04, the Company launched Celebration range with new design, which received good response from the market. The production capacity of 24% Lead Hand Crafted Crystal has been substantially increased. In 2012, Company completed a major expansion project at Sitargunj, Uttarakhand. In 2018, capacity of the second furnace was increased. It launched the Cosmo Collection, catering to HORECA Segment (Hotels, Restaurants & Caterers). In 2022, the Company launched stylish range of square shapes, known as the Quadra Collection from Diva. It launched 24% lead crystal glassware under the brand name of Solitaire. The Company's greenfield plant situated in Sitarganj, in Uttarakhand, commenced commercial production. During the period 2022-23, Company commissioned the new Greenfield Project for production of Opal Glassware at Sitarganj, Uttarakhand.
Managing Director
1987
Founded
Ajit Jhunjhunwala
NSE Symbol
LAOPALA
La Opala RG Ltd Management
Name | Designation |
---|---|
Sushil Jhunjhunwala | Chairman & Exec. Director |
Ajit Jhunjhunwala | Vice Chairman & M.D. |
Arun Churiwal | Non-Exec & Non-Independent Dir |
Rajiv Gujral | Non-Exec. & Independent Dir. |
Nidhi Jhunjhunwala | Executive Director |
Santanu Ray | Non-Exec. & Independent Dir. |
Suparna Chakrabortti | Independent Director |
Subir Bose | Independent Director |
Nidhi Rathi | Company Sec. & Compli. Officer |
Events
Dividend Announcement for La Opala RG Ltd - May 29, 2023
On May 29, 2023, shareholders are set to receive a dividend payout, with each share entitling its holder to a dividend of 150.0%. This dividend percentage refle...
Read MoreLa Opala RG Ltd News
Similar Stocks
Company | Market Cap | Market Price | P/E Ratio |
---|---|---|---|
Asahi India Glass Ltd | ₹ 14709.98 Cr | ₹ 605.10 (-0.43 %) | 43.72 |
Borosil Renewables Ltd | ₹ 6569.31 Cr | ₹ 503.25 (0.24 %) | 0.00 |
Borosil Ltd | ₹ 4189.69 Cr | ₹ 365.65 (0.10 %) | 44.76 |
Sejal Glass Ltd | ₹ 318.1 Cr | ₹ 314.95 (-1.67 %) | 629.90 |
Banaras Beads Ltd | ₹ 60.46 Cr | ₹ 91.10 (-1.14 %) | 24.06 |