Bengaluru, Jan. 30 -- During Friday's trading session, one of the leading machinery solution providers in the flexible packaging industry surged nearly 10 percent on BSE, after the company announced securing a European patent for its invention titled "A Cross Sealing Device".

With a market cap of Rs. 998 crores, shares of Mamata Machinery Limited were trading in the green at Rs. 405.65 on BSE, up by around 6 percent, compared to its previous closing price of Rs. 383.85. The stock has delivered negative returns of around 23 percent in the last six months, and has fallen by over 5 percent in the last one month.

What's the News

As per its latest regulatory filing, Mamata Machinery Limited announced that it has been granted a patent in the...