India's EPACK Durable jumps on Andhra Pradesh investment approval
01/07/2026 09:44
BUZZ-India's EPACK Durable jumps on Andhra Pradesh investment approval ** Shares of India's EPACK Durable EPAC.NS jump as much as 5.3%, last up 2.62% at 238.79 rupees
** Co secures Andhra Pradesh government's approval for combined 10.84 billion rupees ($114.08 million) investment by co and its unit under state's electronics manufacturing policy
** Proposed investment will expand manufacturing capacity for air conditioners, washing machines, televisions and other home appliances
** Co says project is expected to create about 1,600 jobs and support its long-term manufacturing expansion plans
** YTD stock down 15.5%
($1 = 95.0200 Indian rupees)
(Reporting by Surbhi Misra in Bengaluru)
((Surbhi.Misra@thomsonreuters.com | X: https://twitter.com/SurbhiMisra_ |;))
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