Bengaluru, March 12 -- This packaging stock engaged in providing innovative flexible packaging solutions globally and operating in packaging films, laminates, holography, chemicals, and allied machinery sectors, is in focus after investing Rs. 317 crore to establish two new recycling plants in Noida.

Stock Price Movement:

With a market capitalization of Rs. 3,340.86 crores, the share of Uflex Limited has reached an intraday high of Rs. 468.65 per equity share, up nearly around 0.90 percent from its previous day's close price of Rs. 464.45. Since then, the stock has retreated and is currently trading at Rs. 462.10 per equity share.

What Happened:

UFlex is investing Rs. 317 crore in cutting-edge recycling technologies. The company plans...