Markets
BSE See NSE See 59,015.89
-125.27 (-0.21%)

DSIJ Mindshare

Uflex ties up with an Italian firm under Make in India campaign

Uflex has tied up with an Italian firm Comiflex SRL to manufacture gearless C.I. Flexo Printing machines under a technology transfer agreement. The deal happened at DRUPA where Uflex is exhibiting. The company will market and sell these machines across the world.

Uflex’s management clarified that the company will be manufacturing gearless C.I. flexo Printing Machines in collaboration with Comiflex SRL at its Engineering plant in India. The company has innovative mechanism to create value added differentiation is the guiding principle. The tie-up will further catalyse the country's Make in India initiative.

PerfoTec, subsidiary of Uflex also has introduced a ground breaking packaging solution for flowers, that will make the use of water in the supply chain. The shelf life of flowers can be extended using AMAP (Active Modified Atmospheric Packaging) technology, where it has already a very major presence globally in fresh fruits and vegetables markets.

Uflex has developed a new Biodegradable film Flexfresh which could keep the product breathing in hydrated oxygen and release excess humidity, keeping flowers dry. The technology was demonstrated to the largest flower organisation in the world, Dutch Flower Group (DFG).

The share price of Uflex has increased by 3.96 per cent on bourses in early trades; and is trading at Rs 223.25 on an intraday basis.

Uflex is engaged in the manufacture and sale of flexible packaging products and flexible packaging solutions. The company's products include printed, laminated, metalised, co-extruded, coated, embossed, plain plastic films and hologrammed sticker sheets. Its plastic film products include oriented polypropylene (OPP) films, polyester films, metalised and specialty films, and polyester chips.

collapse Related Readings collapse

DSIJ Mindshare

Overnight Digest: Stocks to watch out on September 20

Shreya Chaware / Article rating: 3.5

The market benchmark indices have erased the previous trading session's gains and Sensex has settled at 59,015.89 level, 0.21 per cent lower and Nifty ended at 17,585.15 level, 0.25 per cent down. The broader markets also dipped into red as the BSE Midcap index squeezed by 1.14 per cent and the BSE Smallcap index closed with a loss of 1.06 per cent. The sectoral indices also experienced selling pressure as most of the indices ended in red, the BSE Realty index being the weakest among all. 

Know which small-cap and mid-cap stocks staged smart recovery from day's low!

Karan Dsij / Article rating: 3.6

Furthermore, Indian VIX index was surging with more speed and ferocity; however, it cooled off a bit in the dying hours of the trading session. As the volatility subsidised from the day’s high, some of the stocks witnessed a good recovery from the day’s low. We have come out with a list of stocks to help you know which stocks have recovered from mid-cap and small-cap space.   

First357Last