Shares of Polyplex Corporation hit a 52-week high of Rs 1,984.70, rising 8 percent intraday on December 8 after the company started operations at Thailand unit.
Polyplex Corporation in its press release said that the 10.6 meter BOPP Film Line with a capacity of 60K TPA by PT Polyplex Films Indonesia, a wholly owned subsidiary of Polyplex (Thailand) Public Company Limited (PTL), Thailand, (51 % subsidiary of the Company) commenced operations on December 7.
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At 09:35 hrs, Polyplex Corporation was quoting at Rs 1,880, up Rs 49.80, or 2.72 percent on the BSE.
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