Don't want to miss the best from Business Standard?
Mold-Tek Packaging was up 5.94% at Rs 254.90 at 11:10 IST on the BSE on a sudden buying interest.
Meanwhile, the S&P BSE Sensex was down by 3.12 points, or 0.01% to 39,119.84.
On the BSE, 14,000 shares were traded in the counter so far compared with average daily volumes of 650 shares in the past two weeks.
The stock surged as much as 11.39% at the day's high of Rs 268 in early trade, the most since 28 May 2019. It hit an intraday low of Rs 254.90 today.
The stock hit a 52-week high of Rs 372.55 on 11 September 2018 and a 52-week low of Rs 201.80 on 20 February 2019.
On a consolidated basis, Mold-Tek Packaging's net profit rose 28.8% to Rs 8.82 crore on a 10.2% rise in the net sales to Rs 104.22 crore in Q4 March 2019 over Q4 March 2018.
Mold-Tek Packaging (MTPL) is the leader in rigid plastic packaging in India. The company is involved in the manufacturing of injection molded containers for lubes, paints, food and other products.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app