India's AGI Greenpac rises on capacity expansion plans

AGI Greenpac

01/04/2025 11:07

** Shares of container glass maker AGI Greenpac AGIG.NS rise as much as 7.3% to 799.80 rupees on co's expansion plans
** Co on Mondayapproved 7 bln rupees ($81.8 mln) for setting up a new container glass manufacturing plant in Madhya Pradesh
** Adds, the new plant will increase co's capacity by about 25%
** More than 423,000 shares change hands, 1.8x of 30-day avg
** Stock rose 17.2% in March, snapping two straight monthly fall
** Stock down 29.4% YTD

($1 = 85.5300 Indian rupees)

(Reporting by Ashish Chandra in Bengaluru
)

((ashish.chandra@thomsonreuters.com (+91 7982114624)))