TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Nissei Plastic Industrial Co., Ltd. ( (JP:6293) ) has provided an announcement.
Nissei Plastic Industrial Co., Ltd. has announced the selection of a site for its new factory in India, located in the Sanand Industrial Estate, Ahmedabad City, Gujarat State. The factory will cover a land area of 35,000 m² and aims to produce 360 electric molding machines annually, with a total investment of 1.5 billion yen. This expansion is expected to enhance Nissei’s production capacity and strengthen its presence in the Indian market, potentially impacting stakeholders positively by increasing operational efficiency and market reach.
The most recent analyst rating on (JP:6293) stock is a Hold with a Yen869.00 price target. To see the full list of analyst forecasts on Nissei Plastic Industrial Co., Ltd. stock, see the JP:6293 Stock Forecast page.
More about Nissei Plastic Industrial Co., Ltd.
Nissei Plastic Industrial Co., Ltd. operates in the manufacturing industry, focusing on producing electric molding machines. The company is known for its technological advancements and market focus on expanding its production capabilities globally.
Average Trading Volume: 28,117
Technical Sentiment Signal: Sell
Current Market Cap: Yen17.08B
For detailed information about 6293 stock, go to TipRanks’ Stock Analysis page.