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UFlex Limited ( (IN:UFLEX) ) has shared an announcement.
UFlex Limited has announced the incorporation of a new step-down subsidiary, FLEX FILMS AZB AFEZCO., in Azerbaijan. This strategic move aims to establish a manufacturing facility for BOPP packaging films, enhancing UFlex’s market presence in Azerbaijan and expanding its reach into the CIS and European markets. This development is expected to strengthen UFlex’s operational capabilities and market positioning, potentially benefiting stakeholders by increasing the company’s footprint in key international markets.
More about UFlex Limited
UFlex Limited operates in the manufacturing industry, primarily focusing on the production of packaging films. The company is known for its Bi-axially Oriented Polypropylene (BOPP) packaging films, which are used in various markets, including domestic and international regions such as the CIS and European countries.
YTD Price Performance: -12.39%
Average Trading Volume: 3,940
Current Market Cap: 33.27B INR
For detailed information about UFLEX stock, go to TipRanks’ Stock Analysis page.