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TCPL Packaging gains on commencing commercial production at FPU in Silvassa

01 Feb 2017 Evaluate

TCPL Packaging is currently trading at Rs. 600.00, up by 4.75 points or 0.80% from its previous closing of Rs. 595.25 on the BSE.

The scrip opened at Rs. 593.75 and has touched a high and low of Rs. 609.00 and Rs. 593.40 respectively.

The BSE group 'XC' stock of face value Rs. 10 has touched a 52 week high of Rs. 780.00 on 05-Aug-2016 and a 52 week low of Rs. 450.00 on 12-Feb-2016.

Last one week high and low of the scrip stood at Rs. 618.00 and Rs. 593.40 respectively. The current market cap of the company is Rs. 522.00 crore.

The promoters holding in the company stood at 58.42%, while Institutions and Non-Institutions held 0.21% and 41.37% respectively.

TCPL Packaging has commenced the commercial production from its Flexible Packaging Unit (FPU) situated at village Dapada, Silvassa in the Union Territory of Dadra and Nagar Haveli, with effect from February 01, 2017.

TCPL Packaging is one of India’s largest manufacturers of folding cartons, and India’s largest standalone converter of paperboard. TCPL manufactures folding cartons, printed blanks and outers, litho-lamination, plastic cartons, blister packs and shelf-ready packaging.


Peers
Company Name CMP
Uflex 663.05
EPL 238.55
AGI Greenpac 803.90
Huhtamaki India 242.40
TCPL Packaging 4107.35
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