In February 2024, FIIs bought 4,62,33,331 shares and increased their stake to 6.21 per cent compared to December 2023.

The company manufactures syringe moulding and manufacturing of moulds. The Company specializes in moulds for medical disposables, pharmaceutical, food, and beverage packaging, caps, and closures, and writing instruments.

The broader market sentiment remains positive, with 2,522 stocks advancing compared to 1,072 stocks declining.

Shares of this company jumped more than 150 per cent in the last one year.

The company has a market cap of over Rs 55,000 crore and the shares of the company have an ROE of 21 per cent and an ROCE of 18 per cent

The stock’s 52-week high is Rs 276.60 per share and its 52-week low is Rs 142.75. 

At the pre-opening bell, the frontline index S&P BSE Sensex opened in green with a gain of 194.15 points or 0.26 per cent.

In the 3^rd Quarterly Results ended in December 2023, the company has generated revenue of Rs 59 crore soaring 9.25 per cent on a YoY basis where the net profit rose to Rs 16 crore jumped by a massive 100 per cent YoY basis.

The company specializes in the manufacturing and supply of fish meal, fish oil, and fish soluble paste, which are crucial components in the production of aqua feed (for fish and shrimp), poultry feed (for broiler and layer), and pet food (dog and cat food). Additionally, fish oil serves various purposes, including pharmaceutical products, soap manufacturing, leather tanneries, and paint industries.

Positive sentiment prevailed in the broader market, with 1,888 stocks advancing compared to 233 stocks declining.