Bengaluru, Nov. 12 -- The shares of the Micro-Cap company specializing in manufacturing plastic packaging solutions, including Flexible Intermediate Bulk Containers (FIBCs), small bags, and AD star bags, almost hit a 10 percent upper circuit following their results with a 130 percent rise in Profit.

With a market capitalization of 190.97 Crores on Wednesday, the shares of HCP Plastene Bulkpack Ltd jumped upto 9.7 percent, reaching a high of Rs. 179.00 compared to its previous close of Rs. 163.10.

What Happened

HCP Plastene Bulkpack Ltd, engaged in manufacturing plastic packaging solutions, including Flexible Intermediate Bulk Containers (FIBCs), small bags, and AD star bags, has announced its Q2 results as follows:

Its Revenue from op...