Breaking News

You are here » Indian-Commodity  :  Equity & Shares  :  Uflex surges on aiming overall volume growth of 15% this fiscal

05-Jun2017

Uflex surges on aiming overall volume growth of 15% this fiscal

Uflex is currently trading at Rs. 373.00, up by 6.05 points or 1.65% from its previous closing of Rs. 366.95 on the BSE.

The scrip opened at Rs. 368.00 and has touched a high and low of Rs. 374.20 and Rs. 364.00 respectively. So far 12506 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 393.85 on 17-May-2017 and a 52 week low of Rs. 199.00 on 06-Jun-2016.

Last one week high and low of the scrip stood at Rs. 374.20 and Rs. 333.00 respectively. The current market cap of the company is Rs. 2700.71 crore.

The promoters holding in the company stood at 44.02%, while institutions and non-institutions held 11.27% and 44.71% respectively.

Uflex, a flexible packaging major, is entering into aseptic liquid packaging segment besides adding more products as it aims an overall volume growth of 15% this fiscal. The company expects its Sanand-based septic liquid packaging manufacturing plant, where it is investing around Rs 580 crore, to be operational this fiscal.

Uflex is India's largest multinational flexible packaging materials and Solution Company and an emerging global player. Since its inception back in 1985, Uflex has grown from strength to strength to evolve as a truly Indian Multinational with consumers spread across the world.


Related News

View all news

United Bank of India shines on getting nod to raise Rs 1,500 crore by various means

United Bank of India is currently trading at Rs. 11.05, up by 0.50 points or 4.74% from its previous closing of Rs. 10.55 on the BSE.The scrip opened at Rs. 10.85 and has touched a high and low of Rs.......

Pondy Oxides & Chemicals gains on planning to merge Meloy Metals with itself

Pondy Oxides & Chemicals is currently trading at Rs. 319.80, up by 1.85 points or 0.58% from its previous closing of Rs. 317.95 on the BSE.The scrip opened at Rs. 317.80 and has touched a high......

Venky's slips on reporting 41.52% fall in Q4 net profit

Venky's  (India) is currently trading at Rs. 1766.00, down by 56.15 points or 3.08% from its previous closing of Rs. 1822.15 on the BSE.The scrip opened at Rs. 1817.00 and has touched a high and......

Top News

View all news

SRF, NIIT Technologies and United Bank of India to see some action today

SRF has entered into a definitive agreement to sell its Engineering Plastics Business to DSM, the Life Sciences and Materials Sciences Company in an all-cash transaction, amounting to Rs 320 crore. The......

NIIT Technologies concludes sale of 88.99% stake in ESRI India Technologies

NIIT Technologies has concluded the sale of 88.99% equity shares in ESRI India Technologies, India to Environment Systems Research Institute Inc., USA. Consequent to above sale, ESRI India Technologies,......

United Bank of India to raise Rs 1,500 crore by various means

United Bank of India has received approval to raise equity capital not exceeding Rs 1,500 crore in one or more tranches during the financial year by way of Qualified Institutions Placement, Public Issue,......