Shakun Polymers Share Price

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• Shakun Polymers Ltd. is a prominent manufacturer of specialized compounds for the wire and cable industry. They cater to markets across the Indian subcontinent, the Middle East, Southeast Asia, and Africa.
• Established in 1991, Shakun has grown into a diversified company with a product portfolio exceeding 80 grades. Their compounds cater to a wide range of applications within the wire and cable sector, including power cables (low and high tension), building wires, telecommunication and fibre optic cables, instrumentation cables, and photovoltaic (solar) cables. Notably, they were among the first movers in India for HFFR (halogen-free flame retardant) compounds, a safer alternative for fire protection in wires and cables. Shakun is also a leading HFFR compound exporter from India.
• Their customer base encompasses both domestic and international players. Major Indian clients include Polycab Wires, KEI Industries, KEC International, RR Kabel, Apar Industries, Vindhya Telelinks, Birla Cables, Paramount Communications, Thermo Cables, and Tirupati Plastomatics. Internationally, they serve companies like Dubai Cable Company, Alfanar Cables, Tekab Company, Nuhas Oman, Moghan Wire & Cable, and Abhar Wire & Cable.
• Shakun operates five manufacturing facilities, four located in Halol, Gujarat, and one in Daman, Gujarat. To meet growing demand, they are expanding their Halol Unit IV with a state-of-the-art facility, aiming to increase production capacity from 50,000 to 80,000 tonnes annually. The company employs a workforce of approximately 200 permanent staff and three apprentices.
• In June 2021, Shakun was acquired by Alphagary, a global leader in speciality polymer compounds for wires and cables. Alphagary is part of the $1.3 billion Orbia Group, a world leader in wire and cable compounding based in Mexico. This acquisition signifies Shakun's position as a key player in the global wire and cable compound market.​