UFLEX

Uflex, Fiinovation to roll out natural resource conservation initiatives in Bhind

Uflex, Fiinovation to roll out natural resource conservation initiatives in Bhin

New Delhi [India], Apr.7 : Surging ahead in its endeavor towards creating sustainable ecosystem, India's largest multinational flexible packaging materials and solution company Uflex Limited has extended its existing partnership with Fiinovation (a global CSR consulting company) for natural resource conservation and optimization initiatives in Bhind District of Madhya Pradesh.

Uflex revenue rises to Rs.1,516 crore

Uflex revenue rises to Rs.1,516 croreNew Delhi, Nov 9 : Flexible packaging firm Uflex said its revenue rose to Rs. 1,516 crore for the quarter ended September as compared to Rs. 1,250 crore recorded in the same period last year.

However, the company's net profit dropped to Rs. 46 crore for July-September quarter from Rs. 57 crore recorded in the same period last year.

The company had posted Rs. 43 crore profit in the first quarter of the current financial year.

Buy Uflex With Stop Loss Of Rs 184.80

Buy Uflex With Stop Loss Of Rs 184.80Technical analyst Prabir Kumar Sarkar of SPA Securities has maintained 'buy' rating on Uflex Limited stock with targets of Rs 192 and 196.

According to analyst, the investors can buy the stock with a stop loss of Rs 184.80.

The stock of the company, on May 04, closed at Rs 186.15 on the Bombay Stock Exchange (BSE).

Current EPS & P/E ratio stood at 96.34 and 1.96 respectively.

The share price has seen a 52-week high of Rs 325 and a low of Rs 108.80 on BSE.

Uflex Short Term Buy Call

Uflex Short Term Buy CallTechnical analyst MB Singh has maintained 'hold' rating on Uflex Limited stock.

According to analyst, the interested investors can hold the stock with a stop loss of Rs 142.

The analyst said that the investors can exit on rally in the short term to Rs 172.

Today, the stock of the company opened at Rs 149.80 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 325 and a low of Rs 90.30 on BSE.

Current EPS & P/E ratio stood at 78.01 and 1.87 respectively.

Indian Packaging Firm To Make Foray In African Market

Indian Packaging Firm To Make Foray In African MarketIndia's top flexible packaging company UFLEX is ready to make ambitious foray in the African market with its high-tech facility in Egypt starting production this month.

Mr. Ashok Chaturvedi, chairman and managing director of UFLEX, stated, "We have set up a manufacturing unit in Egypt for producing flexible packaging material such as polyester films which would help us to cater to African countries more efficiently. We see Africa emerging as a big market."




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