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HDFC MF sells 5% stake in Huhtamaki PPL for Rs 86.96 crore

18 Aug 2017 Evaluate

HDFC Mutual Fund has sold 5% percent stake in packaging firm Huhtamaki PPL (HPPL) for nearly Rs 87 crore through an open market transaction. The fund house has offloaded 37,80,725 shares in the packaging firm. The shares were disposed of at an average price Rs 230 apiece, valuing the transaction at Rs 86.96 crore.

Huhtamaki PPL is a company specializing in flexible packaging and packaging solutions. The company manufactures flexible laminates, films, specialized pouches, cartons, tube laminates, labels, shrink sleeves, rotogravure cylinders, packaging machinery etc. It caters to customers across sectors ranging from food and beverages, personal care to pharmaceuticals, industrial products etc.



Huhtamaki India Share Price

196.00 -0.85 (-0.43%)
29-Jun-2026 09:47 View Price Chart
Peers
Company Name CMP
Uflex 423.30
EPL 227.15
AGI Greenpac 688.75
Huhtamaki India 196.00
TCPL Packaging 2981.25
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