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Mega Flex Plastics Ltd (MEGAFLEX)

₹37.550%

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Overview
News
Financials
Technicals

Performance

  • Day's High

    ₹37.55
    ₹38
  • 52 Week's Low

    52 Week's High

    ₹28.95
    ₹52.45
1 Month Return+ 5.77 %
3 Month Return+ 6.22 %
1 Year Return+ 0.81 %
Previous Close₹37.55
Open₹38.00
Volume12.00K
Upper Circuit-
Lower Circuit-
Market Cap₹40.35Cr

Key Statistics

P/E Ratio0
PEG Ratio0
Market Cap₹40.35 Cr
P/B Ratio0.65
EPS0

Company Information

Mega Flex Plastics is a renowned integrated producer of packaging solutions for fruits and vegetables. It was founded in 2003 by Late Anup Chand Sethia and his son Rakesh Sethia who had decades of rich experience in the plastic processing and packaging industry. With a vision to empower the Indian rural sector with packaging solutions, the company acquired 2.095 acres of land in Howrah Poly Park from the West Bengal Industrial Development Corporation in 2006 and started a manufacturing facility the following year. In 2007 they installed 27 looms for PP Leno Bags (the main product) and the Extrusion Tape Line, increasing production capacity to 22.61million bags annually. Business expanded steadily thereafter, reaching 40 million bags in 2013-14. Subsequently, additional looms of production were purchased and the company achieved an impressive 50 million bags in 2017-18 with a capacity of 51. 30 million bags per year in 2020, making Mega Flex Plastics a leader in the industry. The company exports Leno Bags to European countries and provides innovative packaging solutions for farmers. This packaging revolutionized the way vegetables were packed, proving to be a boon for farmers with its cost-effectiveness, lightness, and low produce wastage.

Share Price: ₹37.55 per share as on 19 Jul, 2024 04:01 PM
Market Capitalisation: ₹40.35Cr as of today
Listing date: 19 Sep, 2022
Chairperson Name: Mohan Lal Parakh
OrganisationMega Flex Plastics Ltd
Headquarters
IndustryPackaging
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Insights on Mega Flex Plastics Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 1 year, MEGAFLEX stock has moved up by 0.8%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 73.32% of holdings in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 25.25% to 24.19% in Mar 2024 quarter

Company Financials

Value in ₹ crore
2023Y/Y Change
Total Assets
₹47.26Cr
↑38.43%
Total Liabilities
₹2.48Cr
↓19.74%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
-₹5.12Cr
↓214.80%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
73.32%
0.00
Foreign Institutions
0%
0.00
Mutual Funds
0%
0.00
Retail Investors
24.19%
0.00
Others
2.48%
0.00

Key Indicators

Technicals Summary

Bearish

Neutral

Bullish

Bullish

Mega Flex Plastics Ltd is currently in a Bullish trading position according to technical analysis indicators.

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Mega Flex Plastics Ltd (MEGAFLEX) share price today is ₹37.55

Mega Flex Plastics Ltd is listed on NSE

Mega Flex Plastics Ltd is not listed on BSE

  • Today’s highest price of Mega Flex Plastics Ltd is ₹38.
  • Today’s lowest price of Mega Flex Plastics Ltd is ₹37.55.

Today’s traded volume of Mega Flex Plastics Ltd(MEGAFLEX) is 12.00K.

Today’s market capitalisation of Mega Flex Plastics Ltd(MEGAFLEX) is ₹40.35Cr.

Mega Flex Plastics Ltd(MEGAFLEXPrice
52 Week High
₹52.45
52 Week Low
₹28.95

Mega Flex Plastics Ltd(MEGAFLEX) share price is ₹37.55. It is down -28.41% from its 52 Week High price of ₹52.45

Mega Flex Plastics Ltd(MEGAFLEX) share price is ₹37.55. It is up 29.71% from its 52 Week Low price of ₹28.95