Precision Containeurs expands its manufacturing facilities at Daman

Precision Containeurs Ltd has announced that the Company has decided to expand its manufacturing facilities at Daman with existing surplus land available with the Company. The new facility will take care of small packaging requirement of Pharma, food processing and pesticide industry. The ODD containers in small sizes will be maintained in new facility. The new moulds are being developed as per design by a reputed German Company. The Company has great expansion programmed for marketing its products by opening 6 Offices in Metros very shortly.

The Company is having two factories at Daman (Union Territory) and having a spectrum of professionals to capture business from its prestigious customers like Hindustan Petroleum Corporation Ltd., ONGC, Reliance, Micro Inks, Bilag Industries to be named very few of them.

The stock was trading at Rs.16.35, up by Rs.0.15 or 0.93%. The stock hit an intraday high of Rs.17.10 and low of Rs.16.20. The total traded quantity was 13401 compared to 2 week average of 17796.

Source : Equity Bulls

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