Introduction:
Leading player in polymer-based molded products has achieved 110% export growth in the 2024-25 fiscal year. The company expanded into new global markets, increasing its export value and securing approvals from five countries, boosting its international presence.
Share price movement of Mitsu Chem Plast:
On February 3, 2025, Mitsu Chem Plast Ltd opened at ₹107.25, unchanged from its previous close of ₹107.25. The stock reached a high of ₹124.95 (16.50%) and a low of ₹105.00. By 11:59 AM, it traded at ₹124.95, a 16.50% increase, with a market cap of ₹169.41 crore.
Mitsu Chem Plast Achieves 110% Export Growth:
Mitsu Chem Plast Limited has achieved a remarkable 110% growth in export value during the 2024-25 fiscal period, specifically in hospital furniture parts. This growth underscores the company’s strategic global expansion and enhanced presence in international markets.
The company entered several new markets, including Saudi Arabia, UAE, Europe, and the USA, significantly increasing its export value to ₹140.08 lakhs by December 2024. Mitsu Chem Plast also secured new export approvals from five countries, broadening its market reach.
Mitsu Chem Plast’s diverse product portfolio includes industrial plastic packaging, hospital furniture parts, and safety equipment. Its growing export performance highlights the company’s commitment to expanding its global footprint and strengthening its position in the polymer-based molded products industry.
Recent news on Mitsu Chem Plast:
As of January 27, 2025, Mitsu Chem Plast Limited launched Furnastra, a new brand dedicated to hospital furniture. The brand offers durable, high-performance solutions, reinforcing Mitsu’s leadership in polymer-based molded products for modern healthcare facilities.
Ace investor holding in Mitsu Chem Plast:
Jaya Chandrakant Gogri
Jaya Chandrakant Gogri holds a 1.39% stake in Mitsu Chem Plast Ltd, with 188,500 shares valued at ₹2.3 crore. This investment reflects confidence in the company’s performance and its continued growth in the polymer-based molded products industry.
Dheeraj Kumar Lohia
Dheeraj Kumar Lohia holds a 1.01% stake in Mitsu Chem Plast Ltd, with 137,356 shares valued at ₹1.7 crore. His investment showcases confidence in the company’s performance and its expanding market presence in polymer-based molded products.
Stock performance of Mitsu Chem Plast for Period of 1 week, 6 months and 1 year:
Mitsu Chem Plast Ltd has seen a 1.27% increase in stock price over the past week. However, it has experienced a 26.8% decline over the past six months and a 35.4% drop over the past year, indicating a challenging performance in recent periods.
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Shareholding pattern of Mitsu Chem Plast:
| All values in % | Dec 2024 | Sep 2024 | Jun 2024 |
| Promoter | 67.80% | 67.80% | 67.80% |
| FII | 0.00% | 0.00% | 0.00% |
| DII | 0% | 0% | 0% |
| Public | 32.20% | 32.30% | 32.30% |
About Mitsu Chem Plast:
Mitsu Chem Plast Limited (BSE:540078) is a leading manufacturer of polymer-based molded products, specializing in industrial packaging, healthcare, infrastructure, and emergency solutions. With over 33 years of experience, the company operates three manufacturing plants in Maharashtra, serving diverse OEM sectors.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.
