Control Print moves up as its arm incorporates Wholly Owned Subsidiary in Italy
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Control Print is currently trading at Rs. 965.00, up by 41.25 points or 4.47% from its previous closing of Rs. 923.75 on the BSE.
The scrip opened at Rs. 926.70 and has touched a high and low of Rs. 980.40 and Rs. 926.70 respectively. So far 1999 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1076.85 on 20-Jan-2024 and a 52 week low of Rs. 462.00 on 14-Mar-2023.
Last one week high and low of the scrip stood at Rs. 980.40 and Rs. 891.10 respectively. The current market cap of the company is Rs. 1526.89 crore.
The promoters holding in the company stood at 52.73%, while Institutions and Non-Institutions held 6.75% and 40.52% respectively.
Control Print’s Wholly Owned Subsidiary -- Control Print B.V. has incorporated a new Wholly Owned Subsidiary in Italy by the name ‘CP Italy S.r.l’. The company’s purpose is the development, production and marketing of innovative products with high technological value, the wholesale trade and import-export of food products, of materials and products for packaging in general, the construction and marketing of packaging and packaging machines and the production of packaging systems and electromechanical and electronic devices for dosing and weighing products.
Control Print is a pioneer in the manufacturing of coding and marking solutions in India. Product range of the company includes Continuous Ink Jet Printer, Large Character Printer, Hot Roll Coder, Thermal Transfer Overprinter, Laser and Consumables.
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