TPL Plastech Limited commissions Phase-1 of project for manufacturing of Small Packaging Products

TPL Plastech Limited has successfully completed the Project (Phase-1) in Silvassa, UT (western region) for manufacturing of small packaging products (50 ml to 10 ltr) as Value Added Products. The project got completed as per schedule and the Company has started commercial operations from this unit starting October 2021. The Company initially will serve its existing customers in the segment of Chemicals, Pharma, FMCG, Food etc.

Growth in the Chemicals industry including Specialty Chemicals and Pharmaceuticals has been driving the demand for packaging products around the world. The company expects growth opportunity to emerge for India given the shift of chemical manufacturing base from China to other Asian countries including India.

Shares of TPL Plastech Limited was last trading in BSE at Rs. 176.55 as compared to the previous close of Rs. 178.20. The total number of shares traded during the day was 5247 in over 323 trades.

The stock hit an intraday high of Rs. 182.35 and intraday low of 173.25. The net turnover during the day was Rs. 918972.00.

Shares of TPL Plastech Limited was last trading in NSE at Rs. 175.85 as compared to the previous close of Rs. 178.15. The total number of shares traded during the day was 12073 in over 665 trades.

The stock hit an intraday high of Rs. 179.00 and intraday low of 175.00. The total traded value during the day was Rs. 2123961.95.

Source : Equity Bulls

Keywords

TPLPlastech INE413G01014 TPLPLASTEH Packaging