704.4500 8.25 (1.19%)
NSE Jul 04, 2025 15:31 PM
Volume: 56,663
 

704.45
1.19%
Axis Direct
Mold-Tek Packaging (MTEP) Q3FY20 print was in-line with our estimates. However, on margin front it beat our estimates. Revenue growth at 2% was flat (dragged by lower RM prices) despite 8% volume growth (aided by new plants for Asian Paints 11% vols growth).
Promoters pledged 1.59% of shares in last quarter. Total pledge stands at 2.28% of promoter holdings
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