UFlex zooms on developing personal protective equipment coverall 'Flex Protect'

28 May 2020 Evaluate
Uflex is currently trading at Rs. 192.05, up by 18.50 points or 10.66% from its previous closing of Rs. 173.55 on the BSE.

The scrip opened at Rs. 175.15 and has touched a high and low of Rs. 202.65 and Rs. 175.15 respectively. So far 76452 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 276.25 on 04-Jun-2019 and a 52 week low of Rs. 119.95 on 25-Mar-2020.

Last one week high and low of the scrip stood at Rs. 202.65 and Rs. 173.00 respectively. The current market cap of the company is Rs. 1396.57 crore.

The promoters holding in the company stood at 44.02%, while Institutions and Non-Institutions held 7.18% and 48.81% respectively.

UFlex has developed a Personal Protective Equipment (PPE) Coverall 'Flex Protect' in joint collaboration with IIT-Delhi and INMAS, DRDO, Delhi. Flex Protect that comes with Four-layered Protection and Anti-microbial Coating has been approved by The Defence Research and Development Organisation (DRDO) for use by the front-line health workers who are fighting the battle against COVID-19.

The protective coverall is made from a combination of Non-Woven Polypropylene Fabric and further impregnated with Anti-Microbial PP Coating through a special process to increase the breathability. As compared to other PPE Kits, the Flex-Protect Coverall Standard is made of 70 GSM which makes it very comfortable and flexible, and fit to be worn for long hours as well.

UFlex is India's largest multinational flexible packaging materials and Solution Company and a leading global player in Polymer Sciences.

Uflex Share Price

405.00 1.75 (0.43%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
Uflex 405.00
AGI Greenpac 726.10
TCPL Packaging 2268.00
Pyramid Technoplast 145.00
Kaira Can Co 1924.75
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