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An update from AMD Industries Limited ( (IN:AMDIND) ) is now available.
AMD Industries Limited’s Board of Directors has given in-principle approval to acquire a 100% stake in Hindustan Autoplast Private Limited and Hindblend Texplast Private Limited, both in their initial stages of operations. This strategic move aims to consolidate AMD’s operations, enhance synergy, and improve operational efficiency, ultimately contributing to organic growth and an expanded balance sheet.
More about AMD Industries Limited
AMD Industries Limited operates in the manufacturing sector, specializing in products such as crown caps, PET preforms, and plastic closures. The company holds ISO 9001 and FSSC 22000 certifications, indicating a focus on quality management and food safety standards.
Average Trading Volume: 2,529
Technical Sentiment Signal: Sell
Current Market Cap: 976.5M INR
Find detailed analytics on AMDIND stock on TipRanks’ Stock Analysis page.