Stock of this packing company has zoomed over 70% in 10 days; hits new high

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Stock of this packing company has zoomed over 70% in 10 days; hits new high - Business Standard

Quick Summary:

Shares of Arrow Greentech hit a new high of Rs 944.60, as the stock of packaging company has frozen 20% upper circuit on the BSE on Monday; after the firm reported a solid set of numbers for Q1FY25.

Our dedication to the Make in India initiative shows in our active participation in government procurement tenders and our efforts to replace imports with better domestic products,” the management said.

The company is a leader in green packaging technology specializing in the production of cast water-soluble films, bio-compostible films, and high technology products used for controlling counterfeits.