08-08-2022 01:55 PM | Source: Accord Fintech
B&A Packaging India jumps on installing additional production line at Balasore
News By Tags | #937 #572 #8481

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B&A Packaging India is currently trading at Rs. 208.00, up by 9.00 points or 4.52% from its previous closing of Rs. 199.00 on the BSE.

The scrip opened at Rs. 203.90 and has touched a high and low of Rs. 208.00 and Rs. 200.00 respectively. So far 611 shares were traded on the counter.

The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 355.40 on 12-Jan-2022 and a 52 week low of Rs. 152.00 on 21-Jun-2022.

Last one week high and low of the scrip stood at Rs. 208.00 and Rs. 190.10 respectively. The current market cap of the company is Rs. 101.69 crore.

The promoters holding in the company stood at 74.39% and Non-Institutions held 25.61%.

B&A Packaging India has installed an additional production line consisting of one Tuber and one Bottomer Machine in the factory of the Company at Balasore. The new unit being operational at full capacity will increase the production by 25% in the Paper Sacks Unit.

B&A Packaging India is mainly engaged in manufacturing and selling activities of quality Paper-sack and Flexi-pack.