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The latest announcement is out from TCPL Packaging Limited ( (IN:TCPLPACK) ).
TCPL Packaging Limited has announced further investments in its wholly owned subsidiaries, Creative Offset Printers Private Limited (COPPL) and Accura Technik Private Limited (ATPL), by acquiring additional equity shares. This strategic move, involving an investment of Rs. 3.49 crores, is aimed at expanding its business operations and increasing its packaging market share, particularly in the mobile phone sector, as the demand for packaging solutions grows with the expansion of mobile phone production.
More about TCPL Packaging Limited
TCPL Packaging Limited operates in the packaging industry, focusing on the production of cartons and boxes, particularly for mobile phone manufacturers. The company has a market focus on expanding its packaging solutions in line with the growing mobile phone manufacturing sector.
Average Trading Volume: 243
Technical Sentiment Signal: Hold
Current Market Cap: 27.24B INR
For an in-depth examination of TCPLPACK stock, go to TipRanks’ Overview page.