Prima Plastics shines on commencing commercial production at Madhya Pradesh plant
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Prima Plastics is currently trading at Rs. 91.85, up by 5.55 points or 6.43% from its previous closing of Rs. 86.30 on the BSE.
The scrip opened at Rs. 87.80 and has touched a high and low of Rs. 95.90 and Rs. 85.00 respectively. So far 33848 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 186.75 on 28-Jul-2021 and a 52 week low of Rs. 78.35 on 31-Mar-2022.
Last one week high and low of the scrip stood at Rs. 95.90 and Rs. 85.00 respectively. The current market cap of the company is Rs. 100.10 crore.
The promoters holding in the company stood at 58.41%, while Institutions and Non-Institutions held NA% and 41.59% respectively.
Prima Plastics has commenced the commercial production at its New Unit at Pithampur, Madhya Pradesh from April 19, 2022. This facility is a state-of-the art automated manufacturing unit with the highest standards of sustainability having an installed capacity of 1800 tons per annum in addition to existing capacity of 1200 tons per annum for our Rotational moulding division.
Prima Plastics is one of the leading exporters of plastic moulded furniture from India.
