While we had a thrust of the flexible packaging on the export side but given the thrust we had on the aseptic packaging on the export side so we have achieved a new high in our export volumes as well as our revenues.

The packaging company reported a loss of Rs 416.18 crore in the June quarter against a profit of Rs 374.49 crore in the year-ago period

The company said it recorded an exceptional loss of Rs 382 crore due to change in the forex policy of the Central Bank of Nigeria in June 2023 which impacted its bottomline.

As observed on July 28, 2023, stocks crossing their 50-day SMA have presented potential opportunities in various sectors, such as fintech, power generation, chemicals, pharmaceuticals, industrial manufacturing, packaging, energy, hospitality, and specialty chemicals.

Several Nifty 500 stocks including UCO Bank, Uflex, V-Mart Retail, YES Bank, and Zee Entertainment Enterprises (ZEEL) are trading at a significant discount from their 52-week highs, with potential investment opportunities based on placement on the technical charts and current momentum. Despite discounts, the companies include strong players such as accomplished retail chain V-Mart Retail, banking institutions YES Bank and UCO Bank, and leading media and entertainment company ZEE. Before investing, careful analysis and consideration of individual investment goals are recommended.