EPACK Durable to exit Epavo Electricals via 150.01 Cr stake sale; Q2 revenue doubles to 439.33 Cr and net loss widens
India, Oct. 30 -- The home appliances manufacturer EPACK Durable Limited has announced a series of corporate decisions alongside its September quarter numbers. A planned exit from a joint venture, a senior finance departure and a cleaner group structure sit beside record half-year sales. The auditors' remarks and rising costs deserve attention from investors.
The Nifty 50 traded at 22,937, up 0.03%, while the Sensex rose by 0.01% to 74,156 on Friday. Following this the Shares of EPACK Durable Ltd are trading at Rs. 160.53, down 7.80 percent on Friday. The stock touched the intraday high of Rs. 169.65 after opening at Rs. 167.10 before slipping to a low of Rs. 159.30. The company commands a market capitalization of Rs. 1,545.63 crore
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