Rolltainers zooms over 100% in two weeks
The company said it evaluates various options for investments.
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Rolltainers is locked in upper circuit third straight day, up 5% to Rs 346 on BSE, extending its two week long rally, after the company said it is evaluating various investment options.
The stock is currently trading at its lifetime high has been more than doubled in past two weeks from Rs 150 on May 27, compared to less than 4% rise in benchmark S&P BSE Sensex.
On May 27, Rolltainers said its board has discussed about various aspects of company’s global and domestic investment opportunities and also evaluated the various options for investments.
The company, one of the largest producer of lined cartons in India, has successfully manufactured and installed over 500 packaging machines in the country and abroad.
The stock is currently trading at its lifetime high has been more than doubled in past two weeks from Rs 150 on May 27, compared to less than 4% rise in benchmark S&P BSE Sensex.
On May 27, Rolltainers said its board has discussed about various aspects of company’s global and domestic investment opportunities and also evaluated the various options for investments.
The company, one of the largest producer of lined cartons in India, has successfully manufactured and installed over 500 packaging machines in the country and abroad.
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First Published: Jun 12 2014 | 10:10 AM IST