Mumbai, Sept 10 (Kiran News): Shares of Mamata Machinery rallied over 6% on Tuesday after the company announced it has secured its third consecutive order for a 9-layer blown film plant under its Co-Extrusion segment.
The stock was trading at Rs 438.70 on the BSE, up 27.40 points or 6.66% from its previous close of Rs 411.30. It opened at Rs 420.05 and touched an intraday high of Rs 442.00. So far, around 23,139 shares have been traded.
Major Export Order from UAE
The latest order, valued at approximately $1.17 million, comes from a customer in the United Arab Emirates (UAE) and will be commissioned for the production of high-barrier films. Delivery is scheduled for Q4 FY26.
This marks Mamata’s second major export order in this product category, highlighting its growing global competitiveness and customer trust. The milestone follows earlier wins from customers in India and Latin America, strengthening the company’s international footprint.
Stock and Market Overview
Mamata Machinery, a BSE Group ‘B’ stock with a face value of Rs 10, has a 52-week high of Rs 649.00 (Dec 30, 2024) and a 52-week low of Rs 285.05 (Apr 7, 2025).
In the past week, the stock has traded between Rs 442.00 (high) and Rs 397.50 (low). The company’s current market capitalisation stands at Rs 1,037.83 crore.
Promoters hold 62.45%, while institutions own 0.90% and non-institutional investors 36.66%.
Company Profile
Mamata Machinery is engaged in the manufacture and export of plastic bag and pouch-making machines, packaging machinery, and extrusion equipment.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.