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Huhtamaki PPL climbs on acquiring flexible packaging business of Mohan Mutha Polytech

10 Jan 2020 Evaluate

Huhtamaki PPL is currently trading at Rs. 260.00, up by 7.00 points or 2.77% from its previous closing of Rs. 253.00 on the BSE.

The scrip opened at Rs. 257.00 and has touched a high and low of Rs. 271.60 and Rs. 256.20 respectively. So far 5077 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 289.80 on 12-Jun-2019 and a 52 week low of Rs. 155.00 on 15-Feb-2019.

Last one week high and low of the scrip stood at Rs. 271.60 and Rs. 247.40 respectively. The current market cap of the company is Rs. 1973.01 crore.

The promoters holding in the company stood at 66.94%, while Institutions and Non-Institutions held 6.70% and 26.36% respectively.

Huhtamaki PPL has completed the acquisition of flexible packaging business of Mohan Mutha Polytech located in Sri City, Andhra Pradesh on a slump sale basis, in terms of the Business Transfer Agreement dated September 30, 2019 entered by the company with Mohan Mutha Polytech.

Huhtamaki PPL (Formerly: Paper Products) manufactures laminated and coated paper, metallised and polyethylene films, for flexible packaging. The company forayed into value added products like printed labels and cartons, in late nineties.  

Huhtamaki India Share Price

179.70 0.20 (0.11%)
04-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Uflex 446.40
EPL 225.10
AGI Greenpac 633.10
Huhtamaki India 179.70
TCPL Packaging 2730.60
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