Manjushree Technopack surges on commencing production from new facility

26 Feb 2013

Manjushree Technopack is currently trading at Rs. 96.30, up by 1.60 points or 1.69% from its previous closing of Rs. 94.70 on the BSE.

The scrip opened at Rs. 96.45 and has touched a high and low of Rs. 96.45 and Rs. 96.30 respectively.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 107.10 on 10-Oct-2012 and a 52 week low of Rs. 75.00 on 06-Sep-2012.

Last one week high and low of the scrip stood at Rs. 99.65 and Rs. 93.50 respectively. The current market cap of the company is Rs. 127.62 crore.

The promoters holding in the company stood at 64.01% while Institutions and Non-Institutions held 0.74% and 35.25% respectively.

Manjushree Technopack has commenced production from the new facility of the company set up in Bidadi in Bangalore in the state of Karnataka.

Manjushree Technopack is a packaging solution provider, providing its customers with cutting edge plastic packaging solutions. The company enjoys a preferred supplier status in regard to the Specialty Plastic Containers, which are marketed under the brand name of ‘POLYPET’ predominantly to MNC’s.

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323