07-12-2022 10:50 AM | Source: Accord Fintech
Yash Pakka shines on securing contract for conducting Basic Engineering study
News By Tags | #572 #8168

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Yash Pakka is currently trading at Rs. 99.40, up by 4.15 points or 4.36% from its previous closing of Rs. 95.25 on the BSE.

The scrip opened at Rs. 96.90 and has touched a high and low of Rs. 101.40 and Rs. 95.05 respectively. So far 152822 shares were traded on the counter.

The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 104.40 on 02-Aug-2021 and a 52 week low of Rs. 66.05 on 20-Jun-2022.

Last one week high and low of the scrip stood at Rs. 101.40 and Rs. 89.30 respectively. The current market cap of the company is Rs. 373.17 crore.

The promoters holding in the company stood at 45.15%, while Institutions and Non-Institutions held 3.22% and 51.63% respectively.

Yash Pakka has awarded contract for conducting Basic Engineering study for Integrated Brownfield Expansion Project at their Ayodhya Facility to AFRY. AFRY is the top Integrated Project Consulting in the world for Pulp & Paper industry. Framework of the project is Specialty Paper Machine of 100 MT per day to lead towards flexible packaging with furnish, utilising max strength of Agro residue bagasse; Biofuel based 10 MW of Cogen plant; Pulp capacity enhancement by augmentation of Pulp Mill by another 75 % (Environmentally Friendly Pulp backed by enhancing equivalent capacity of Recovery Island); Support infrastructure in line with increased output of Pulp and Paper Machine.

Yash Pakka aims to contribute towards a cleaner planet by providing compostable packaging solutions.