Orient Press touches roof on getting nod to set up new manufacturing facility
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Orient Press is currently trading at upper limit of Rs. 131.76, up by 21.96 points or 20.00% from its previous closing of Rs. 109.80 on the BSE.
The scrip opened at Rs. 120.01 and has touched a high and low of Rs. 131.76 and Rs. 120.01 respectively. So far 115395 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 131.76 on 12-Feb-2024 and a 52 week low of Rs. 53.25 on 14-Feb-2023.
Last one week high and low of the scrip stood at Rs. 131.76 and Rs. 87.00 respectively. The current market cap of the company is Rs. 131.76 crore.
The promoters holding in the company stood at 72.58%, while Institutions and Non-Institutions held 0.01% and 27.41% respectively.
Orient Press has received approval for setting up new manufacturing facility/ plant at Tarapur Industrial area, Boisar for new line of business of production of Candles. The board of directors at its meeting held on February 10, 2024 has considered and approved the same.
Orient Press is in the business of packaging and printing. Business Overview: Company provides packaging and printing solutions.
