Stock Report

Precision Containeurs ties up with Swift Inter Trade for marketing its products in International Market



Posted On : 2007-04-26 06:05:18( TIMEZONE : IST )

Precision Containeurs ties up with Swift Inter Trade for marketing its products in International Market

Precision Containeurs Ltd has announced that the Company has a tie up with M/s. Swift Inter Trade of London for marketing its packaging products in international market. The Company has bagged an export order worth Rs 113.25 millions from Swift Inter Trade.

The Company feels that this tie up would held the Company to establish its presence in the international market. The Company is in the manufacturing of Plastic and Metal containers with ultra modern technology. The Company is in the process to capture the business in domestic market with adding prestigious clients like Hindustan Petroleum Corporation Ltd., ONGC, Reliance, Micro Inks, Bilag Industries and other reputed Industrial Units.

The stock closed the day at Rs.17.90, down by Rs.0.60 or 3.24%. The stock hit an intraday high of Rs.19 and low of Rs.17.80. The total traded quantity was 18079 compared to 2 week average of 50062.

Source : Equity Bulls

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