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Uflex trades higher on the bourses

08 Jun 2016 Evaluate

Uflex is currently trading at Rs. 221.30, up by 5.45 points or 2.52% from its previous closing of Rs. 215.85 on the BSE.  

The scrip opened at Rs. 216.40 and has touched a high and low of Rs. 224.40 and Rs. 212.00 respectively. So far 268164 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 217.25 on 07-Jun-2016 and a 52 week low of Rs. 112.00 on 12-Jun-2015.

Last one week high and low of the scrip stood at Rs. 217.25 and Rs. 189.00 respectively. The current market cap of the company is Rs. 1594.43 crore.

The promoters holding in the company stood at 44.02% while Institutions and Non-Institutions held 9.08% and 39.34% respectively.

Germany-based firm Comiflex SRL has joined hands with India’s largest global flexible packaging solution company Uflex confirming its intent to manufacture Gearless C.I. Flexo Printing Machines under a Technology Transfer Agreement with the latter. Uflex will market and sell these machines across the world.

Uflex is India’s largest end-to-end flexible packaging company and an emerging global player. The company today has state-of-the-art packaging facilities at multiple locations in India and has packaging film manufacturing facilities in India, UAE, Mexico Egypt, Poland and USA.

Peers
Company Name CMP
Uflex 652.30
EPL 231.20
AGI Greenpac 733.90
Huhtamaki India 243.40
TCPL Packaging 3865.85
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