UFLEX launches F-PDP: stock up by 3%

Markets are gaining the trade as both Sensex is trading up by 500 points or nearly 2% at 29446 levels & Nifty is also trading up at 150 points or nearly 2% at 9085 levels at 10:44 am IST in Tuesday’s session.

Mar 14, 2017 05:03 IST India Infoline News Service

Markets are gaining the trade as both Sensex is trading up by 500 points or nearly 2% at 29446 levels & Nifty is also trading up at 150 points or nearly 2% at 9085 levels at 10:44 am IST in Tuesday’s session.

Uflex is gaining the trade up by more than 3% in BSE Sensex on Tuesday trading session as it launches HP Indigo certified digitally printable polyester film, F-PDP.

The benefits of the newly launched product are:

It is suitable for small run jobs particularly for new launch or re-launch of products.

Gives excellent print results with high-quality resolution.

Colour options can be availed in order to further impart depth in printing.
 
Stock view:

Uflex Ltd is currently trading at Rs 272.85, up by Rs 8.4 or 3.18% from its previous closing of Rs 264.45 on the BSE.

The scrip opened at Rs 271 and has touched a high and low of Rs 274.7 and Rs 267.5 respectively.

So far 152785(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 1909.59 crore.

The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 334 on 27-Oct-2016 and a 52 week low of Rs 149.65 on 10-Mar-2016.

Last one week high and low of the scrip stood at Rs 271.15 and Rs 263.95 respectively.

The promoters holding in the company stood at 44.02 % while Institutions and Non-Institutions held 12.81 % and 43.18 % respectively.

The stock is currently trading above its 100 DMA.

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