Hot Pursuit     13-Mar-18
Uflex gains after unveiling gearless printing machine
Uflex was up 4.85% to Rs 346 at 12:26 IST on BSE after the company unveiled its first in-house manufactured Gearless C.I. Flexo printing machine.
The announcement was made during market hours today, 13 March 2018.

Meanwhile, the S&P BSE Sensex was up 65.19 points or 0.19% at 33.983.13. The S&P BSE Small-Cap index advanced 1.22%, outperforming the Sensex.

On the BSE, 12,000 shares were traded on the counter so far as against the average daily volumes of 33,771 shares in the past one quarter. The stock had hit a high of Rs 349.75 and a low of Rs 335.50 so far during the day. The stock had hit a record high of Rs 506.75 on 26 December 2017 and a 52-week low of Rs 263.95 on 10 March 2017.

The small-cap company has equity capital of Rs 72.21 crore. Face value per share is Rs 10.

The first ever made in India Gearless Central Impression Flexo Printing Machine is now ready at Uflex's engineering plant at Noida, the company said in a statement.

On a consolidated basis, Uflex's net profit fell 29.5% to Rs 52.01 crore on 11.7% growth in net sales to Rs 1633.98 crore in Q3 December 2017 over Q3 December 2016.

Uflex is one of the India's leading largest multinational flexible packaging materials and solution companies and an emerging global player.

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