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/PRNewswire/ -- The packaging market share in India has been segmented into two categories, by product (rigid packaging and flexible packaging) and end-user...
Ahmedabad-based Chiripal Poly Films has expanded operations to south India with a new manufacturing facility in Hyderabad. Spread across an area of 30 acres, the new plant will be equipped with a state-of-the-art 10.4m BOPP line from Germany, expected to be installed in April 2021, and an 8.7m BOPET line to be installed in March 2022. ‘These two lines will have combined production capacity of 100,000 tons per annum,’ says Sumant Singhal, CEO at Chiripal Poly Films. ‘The new plant will also house three metallizers ranging from 2.85m to 3.65m web width and production capacity of 35,000 ...
Shares of container & packaging companies were on a roll, hitting new highs on the BSE on Monday, in an otherwise weak market on improved outlook. Jindal Polyfilms, Uflex and Cosmo Films rallied between 6 per cent and 10 per cent in the intra-day trade. In comparison, the S&P BSE Sensex was down 1.1 per cent at 50,228 points at 10:13 am. Under the influence of Covid-19 pandemic, the packaging industry continued to remain on its toes to meet all time high demand for packed food, medicine and other essential goods. That apart, the government has also issued a draft regulation under which the...
Read more about Stock of this packaging firm has soared 59% in 8 trading sessions of March on Business Standard. BSE has sought clarification from Jindal Poly Films with reference to significant movement in price. The reply, however, is awaited
Here are the top stocks that are likely to be in focus today: BPCL: BPCL Trust for Investment in Shares (BPCL Trust) will sell up to 4 per cent of its shares in state-owned energy company Bharat Petroleum Corporation Ltd (BPCL) on Tuesday through a block deal, multiple media reports suggested. The Trust will sell up to 86.77 million shares or 4 per cent of the total share capital of the company at a floor price of Rs 435, the reports said. Coal India: The company said it has approved 32 new coal mining projects in the ongoing financial year with an estimated cost of Rs 47,000 crore. Of the 3...