Premier Polyfilm Ltd Share Price – NSE /  BSE

Plastic products, Small Cap

Secmark Consultancy Ltd, Ashoka Metcast Ltd, Aksh Optifibre Ltd and Avadh Sugar & Energy Ltd are among the other losers in the BSE's 'B' group today, 16 October 2024.

Premier Polyfilm Ltd tumbled 9.51% to Rs 322.9 at 14:32 IST.The stock was the biggest loser in the BSE's 'B' group.On the BSE, 1.55 lakh shares were traded on the counter so far as against the average daily volumes of 42419 shares in the past one month.

Secmark Consultancy Ltd crashed 8.96% to Rs 124.3. The stock was the second biggest loser in 'B' group.On the BSE, 14415 shares were traded on the counter so far as against the average daily volumes of 6375 shares in the past one month.

Ashoka Metcast Ltd lost 6.44% to Rs 30.22. The stock was the third biggest loser in 'B' group.On the BSE, 1.12 lakh shares were traded on the counter so far as against the average daily volumes of 2.49 lakh shares in the past one month.

Aksh Optifibre Ltd plummeted 6.13% to Rs 9.95. The stock was the fourth biggest loser in 'B' group.On the BSE, 3.69 lakh shares were traded on the counter so far as against the average daily volumes of 2.11 lakh shares in the past one month.

Avadh Sugar & Energy Ltd fell 5.18% to Rs 715.4. The stock was the fifth biggest loser in 'B' group.On the BSE, 4182 shares were traded on the counter so far as against the average daily volumes of 13137 shares in the past one month.

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Net profit of Premier Polyfilm rose 60.74% to Rs 7.86 crore in the quarter ended September 2024 as against Rs 4.89 crore during the previous quarter ended September 2023. Sales rose 3.39% to Rs 69.16 crore in the quarter ended September 2024 as against Rs 66.89 crore during the previous quarter ended September 2023.

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The company's net profit rose 61% to Rs 7.86 crore on 3.4% increase in net sales to Rs 69.16 crore in Q2 September 2024 over Q2 September 2023. Profit before tax climbed 59.79% to Rs 10.53 crore during the period under review.

Meanwhile, the board of Premier Polyfilm in its meeting held today, 14 October 2024, approved the purchase of industrial land for future expansion activities in the state of Tamil Nadu.

Additionally, the company has fixed Tuesday, 5 November 2024, as the record date for the proposed 5-for-1 stock split.

Premier Polyfilm is mainly engaged in manufacturing and sale of flexible PVC flooring, films, sheets. Their diverse product range caters to various industries, including automotive, interiors, healthcare, transport, rail, and commercial applications. They specialize in artificial leather, PVC films and sheets, PVC flooring, self-adhesive films, PVC geomembranes, swimming pool liners, and roofing sheets.

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Premier Polyfilm will hold a meeting of the Board of Directors of the Company on 14 October 2024.

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