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Essel Propack inches up on plan to raise Rs 30 crore through Commercial Paper

06 Sep 2017 Evaluate

Essel Propack is currently trading at Rs. 268.70, up by 0.15 points or 0.06% from its previous closing of Rs. 268.55 on the BSE.

The scrip opened at Rs. 266.00 and has touched a high and low of Rs. 270.55 and Rs. 266.00 respectively. So far 877 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 285.60 on 31-Aug-2017 and a 52 week low of Rs. 207.00 on 12-Sep-2016.

Last one week high and low of the scrip stood at Rs. 285.60 and Rs. 262.00 respectively. The current market cap of the company is Rs. 4221.08 crore.

The promoters holding in the company stood at 57.07%, while institutions and non-institutions held 19.64% and 23.29% respectively.

Essel Propack is issuing Commercial Paper (CP) worth Rs 30 crore. The date of issue of CP is September 11, 2017, with tenure of 88 days. The interest will be payable on maturity.

Essel Propack is the largest specialty packaging company in India. The company operates through 25 state-of-the-art facilities in 13 countries.

Peers
Company Name CMP
Uflex 645.60
EPL 233.75
AGI Greenpac 719.30
Huhtamaki India 243.40
TCPL Packaging 3865.90
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