India's Mamata Machinery rises after securing US patent for sealing mechanism

Mamata Machinery

21/03/2025 08:40

** Shares of Mamata Machinery MAMA.NS up 10.3% to 403.5 rupees

** Stock on track for biggest one-day pct gain in six weeks

** Co wins 20 year U.S. patent for a cross sealing mechanism, used on its automated product packaging system

** Patent to enable co to offer technology to U.S. customers

** With session's gains, stock trims 12 month loss to 33.7%

 (Reporting by Ananta Agarwal in Bengaluru)

 ((Ananta.Agarwal@thomsonreuters.com))