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17-Jul2017

Linc Pen advances on commencing commercial production at Umbergaon manufacturing unit

Linc Pen & Plastics is currently trading at Rs. 284.00, up by 6.00 points or 2.16% from its previous closing of Rs. 278.00 on the BSE.

The scrip opened at Rs. 287.50 and has touched a high and low of Rs. 287.50 and Rs. 277.00 respectively.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 338.95 on 28-Mar-2017 and a 52 week low of Rs. 220.05 on 21-Nov-2016.

Last one week high and low of the scrip stood at Rs. 299.00 and Rs. 270.00 respectively. The current market cap of the company is Rs. 419.92 crore.

The promoters holding in the company stood at 59.93%, while Institutions and Non-Institutions held 2.05% and 38.02% respectively.

Linc Pen & Plastics has commenced the commercial production at its new manufacturing facility located at Umbergaon in state of Gujarat with effect from July 15, 2017.

Linc Pen and Plastics prides itself on being a leading manufacturer and exporter of quality writing instruments in India.



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