Resgen touches roof on entering into partnership with Goneutral Technologies
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RESGEN is currently trading at upper limit of Rs. 158.55, up by 7.55 points or 5.00% from its previous closing of Rs. 151.00 on the BSE.
The scrip opened at Rs. 156.00 and has touched a high and low of Rs. 158.55 and Rs. 156.00 respectively. So far 85500 shares were traded on the counter.
The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 158.55 on 18-Sep-2024 and a 52 week low of Rs. 56.11 on 08-Dec-2023.
Last one week high and low of the scrip stood at Rs. 158.55 and Rs. 131.25 respectively. The current market cap of the company is Rs. 332.56 crore.
The promoters holding in the company stood at 66.94%, while Non-Institutions held 33.06% stake in the company.
Resgen has entered into a new partnership with Goneutral Technologies to bolster its Extended Producer Responsibility (EPR) compliance offerings. This partnership will enable Resgen to provide comprehensive EPR compliance solutions to some of the most prominent global and Indian brands, including Microsoft India R&D, Lenovo Global Technology, Parle Agro, Marico, and Britannia Industries.
This collaboration is in line with the company’s continued efforts to expand its sustainability initiatives and provide effective solutions for EPR obligations under India's regulatory framework.
Resgen is engaged in the process of Manufacturing Pyrolysis Oil (Substitute for Furnace Oil) from all kinds of plastics (waste/scrap) during the manufacturing of the Pyrolysis Oil, some of its by products are generated such as Carbon (Substitute for Coal) and Gas (Substitute for LPG).
