Mold-Tek Packaging Ltd inaugurates 11th manufacturing plant at Unnao

Mold-Tek Packaging Limited has inaugurated its 11th manufacturing plant at Unnao, Kanpur, Uttar Pradesh on 17th October, 2021 mainly to cater to the plastic packaging containers requirement of Kansai Nerolac Paints Limited and other clients in the Northern Region.

Pilot project is inaugurated on 17th October 2021 in leased premises at Unnao, admeasuring 17500 sft with an installed capacity 1500 MTPA.

The company has acquired 2.61 acres of land from UPSIDC to establish the new plant fully functional by end of FY 2023, with an investment of Rs. 25-30 Cr. to cater the requirements of Berger Paints, edible oil and FMCG Clients.

Shares of Mold-Tek Packaging Limited was last trading in BSE at Rs. 728.65 as compared to the previous close of Rs. 725.35. The total number of shares traded during the day was 7656 in over 769 trades.

The stock hit an intraday high of Rs. 752.50 and intraday low of 725.00. The net turnover during the day was Rs. 5622441.00.

Source : Equity Bulls

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