Support and Resistance Levels
Past performance
About Ester Industries Ltd Ester Industries Ltd, incorporated in 1985, is a leading manufacturer of PET Film and Engineering Plastics, with pioneering integrated operations in polyester chips, film, and dope-dyed yarn. The company operates a significant production facility in Khatima, Uttaranchal, India, and boasts substantial capacities, including 36,000 TPA for polyester chips and 18,000 TPA for polyester films. Ester has expanded globally with subsidiaries in the USA and Europe and plans for further expansion in Oman.
Despite being declared a Sick Industrial Undertaking in 2001, Ester has undergone modernization and capacity enhancements, including a state-of-the-art compounding extruder and expanded polymerization capacity. Recent developments include the commissioning of new BOPET film lines in India and increased production in Telangana via its subsidiary, Ester Filmtech Limited. Ester continues to explore financing options for growth and debt management, positioning itself for sustained operations and expansion in the polymer industry.