Support and Resistance Levels
Past performance
About Gillanders Arbuthnot & Company Ltd Gillanders Arbuthnot and Company Limited (GACL), founded in 1935, is a diversified company based in Kolkata, part of the Kothari Group since the late 1960s. It operates across multiple sectors including tea, textiles, steel structures, and engineering projects, with five primary divisions: Tea, Kalamazoo, Adequate Weighters, and Property. The tea division, a significant contributor, produces tea from its plantations and green leaf purchases. Over the years, GACL has expanded through strategic mergers and acquisitions, including the integration of subsidiaries like GIS Ltd, Waldies, and Tengpani Tea Co. Ltd.
GACL's engineering division, MICCO, has achieved notable projects, such as commissioning facilities at Bokaro and Durgapur Steel Plants. The company also ventured into international markets by acquiring Group Developments Limited and its subsidiaries in Malawi. Despite selling its plastic container division in 2006, GACL continues to focus on its core areas, including the development and implementation of engineering projects, property management, and tea production, thereby maintaining a diverse business portfolio.