India's Mold-Tek Packaging hits ten-month high on Q1 profit rise
** Shares of Mold-Tek Packaging MOLT.NS rise as much as 8% to 804 rupees, highest since September 17, 2024 ** Packaging co posts a 35.5% Y/Y rise in June-qtr profit; rev from ops rises 22.3% Y/Y ** More than 363,828 shares change hands, 6.7x of 30-day avg ** MOLT rated "strong buy" by 9 analysts on average; median target price is 767 rupees – data compiled by LSEG ** Stock down 18% YTD (Reporting by Rudra Pratap Singh in Bengaluru) ((rudrapratap.singh@thomsonreuters.com))
Recent news on Mold-Tek Packaging
See all newsBrief: Mold-Tek Packaging Receives Tax Demand Notice Of 3.6 Million Rupees
Brief: Mold-Tek Packaging Approves Bonus Share Issue in Ratio of 1:1
Brief: Mold-Tek Packaging Ltd Says June-Quarter Profit 255.7 Million Rupees
Brief: Mold-Tek Packaging March-Quarter Profit 206.4 Mln Rupees
Brief: Mold-Tek Packaging Ltd Approves First Interim Dividend Of 2 Rupees Per Share For FY2025-26