GRP stocks zoom 6% after launch of its ESG Profile on ESG World

21 Jan 2022 , 11:00 AM

GRP Limited, a recognised manufacturer of reclaimed rubber from used tyres, upscaled polyamide from nylon waste and engineered products die-cut from end-of- life tyres, has launched its ESG Profile on ESG World. ESG World allows companies to present sustainability strategies to stakeholders in a real time and searchable format.

“GRP’s sustainable business activities are based on scientific research that promises to add value to the society. This gives our stakeholders, potential investors, research analysts, rating agencies and lending banks a chance to know the value we add through our ESG Profile on real-time basis,” said Company in a regulatory filing.

At around 11:01 AM, GRP was trading at Rs1,542.75 per share up by Rs87.65 or 6.02% from its previous closing of Rs1,455.10 per share on the BSE.