Uflex is currently trading at Rs. 144.40, up by 1.00 points or 0.70 % from its previous closing of Rs. 143.40 on the BSE.
The scrip opened at Rs. 144.70 and has touched a high and low of Rs. 146.40 and Rs. 143.10 respectively. So far 100631 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 325.00 on 26-Oct-2010 and a 52 week low of Rs. 91.60 on 29-Mar-2010.
Last one week high and low of the scrip stood at Rs. 148.50 and Rs. 128.55 respectively. The current market cap of the company is Rs. 1032.91 crore.
The promoters holding in the company stood at 43.55 % while Institutions and Non-Institutions held 6.23 % and 42.65 % respectively.
Uflex has decided to set up a polyester films project in USA through its wholly owned subsidiary. In this regard, the company will invest about $80-85 million.
Earlier in January this year, the company had received its board’s approval for its proposal for setting up a new plant for manufacturing of 30,000 MTs of polyester film at Poland through its wholly owned subsidiary - Flex Middle East FZE - Dubai (UAE).
Uflex manufactures flexible packaging solutions. Earlier known as Flex Industries, currently it is the largest flexible packaging company in India. Being one of the leading companies in Asia pacific region; UFLEX has capacity of 25000 TPA.
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