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Huhtamaki PPL gains on receiving nod to raise Rs 550 crore through NCDs issue

01 Dec 2014 Evaluate

Huhtamaki PPL is currently trading at Rs. 174.55, up by 0.50 points or 0.29 % from its previous closing of Rs. 174.05 on the BSE.

The scrip opened at Rs. 175.35 and has touched a high and low of Rs. 177.00 and Rs. 174.55 respectively.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 212.00 on 22-Sep-2014 and a 52 week low of Rs. 64.70 on 29-Nov-2013.

Last one week high and low of the scrip stood at Rs. 181.70 and Rs. 167.10 respectively. The current market cap of the company is Rs. 1265.55 crore.

The promoters holding in the company stood at 68.77 % while Institutions and Non-Institutions held 6.24 % and 24.99 % respectively.

Huhtamaki PPL has received its board’s approval to issue of non-convertible debentures aggregating up to Rs. 550 crore on private placement basis to Huhtalux S.a r.l. in one or more tranches. The issue is subject to the approval of members at proposed Extra-ordinary General Meeting to be held on December 21, 2014 and other statutory authorities.

Huhtamaki PPL is a leading consumer packaging company in India. The company offers a wide portfolio of packaging solutions that includes flexible packaging, labeling technologies and specialized cartons.

Huhtamaki India Share Price

188.85 -1.55 (-0.81%)
20-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Uflex 402.80
EPL 236.30
AGI Greenpac 571.95
Huhtamaki India 188.85
TCPL Packaging 2626.50
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