Support and Resistance Levels
Past performance
About KKalpana Industries (India) Ltd Kalapana Industries (India) Ltd, established in 1985, specializes in recycling plastics and manufacturing plastic granules. Originally focused on PVC and XLPE compounds and fabric embroidery, the company has evolved through strategic amalgamations and expansions. Notable mergers include Kalapana Plastics Pvt Ltd in 2005 and Bavaria Poly Private Limited in 2011. The company has state-of-the-art manufacturing units on India's East Coast, enhancing logistical efficiency. Its production capacity has significantly increased with units in Dullagarh and Surangi, boasting annual capacities of 60,000 MT and 200,000 TPA, respectively.
In recent years, Kalapana expanded its global footprint with subsidiaries in the Middle East and India. The company underwent a significant restructuring in 2022, demerging its compounding business into Ddev Plastiks Industries Limited, which subsequently issued shares to Kalapana's shareholders. This strategic realignment positions Kalapana Industries to leverage its expertise in plastic recycling and production while expanding its market reach.