Arrow Greentech Hits Upper Circuit on Securing 20-Year Indian Patent for Color Shift Film
India, July 1 -- To make these films, Arrow Greentech needs chemical precision and coating expertise. Arrow Greentech has prevented Indian competitors from reverse-engineering or copying their production workflow by patenting both the film and its manufacturing process.
Arrow Greentech Limited was trading at Rs 627.6. The stock opened at Rs 597.75, reached a day high of Rs 627.6, and has so far recorded a day's low of Rs 597.75. The current market capitalisation of the company is Rs 942 crore, and it is trading at a P/E ratio of 19.9, which is similar to the industry peer median of 20.32.
What is a "Color shift film"?
Color-shifting films are high-tech materials that change Color depending on the angle you look at them from (think of th...
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