Home / BUSINESS / Essel Propack surges on redeeming commercial papers worth Rs 30 crore

Essel Propack surges on redeeming commercial papers worth Rs 30 crore

Essel Propack is currently trading at Rs. 145.65, up by 4.40 points or 3.12% from its previous closing of Rs. 141.25 on the BSE.

The scrip opened at Rs. 140.45 and has touched a high and low of Rs. 149.75 and Rs. 134.30 respectively. So far 18607 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 163.85 on 22-Nov-2019 and a 52 week low of Rs. 78.85 on 22-Aug-2019.

Last one week high and low of the scrip stood at Rs. 163.85 and Rs. 140.30 respectively. The current market cap of the company is Rs. 4573.38 crore.

The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 5.97% and 19.03% respectively.

Essel Propack has redeemed Commercial papers (CP) worth Rs 30 crore. The maturity date of the instrument was on November 27, 2019.

Essel Propack is a flagship company of the Essel group is a producer of plastic packaging material in the form of multilayer collapsible tubes and laminates used primarily for packaging of toothpaste, personal care, cosmetics, pharmaceuticals, household and industrial products.

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