India, June 3 -- The shares of a micro-cap company specializing in manufacturing and exporting high-tech machinery for the flexible packaging and converting industries are in focus today after it was granted a European Union patent for its innovative 'Multi-Purpose Sealing Module'. In this article, we examine whether the company is set to expand its global footprint following this patent win.

With a market capitalization of Rs. 917.50 crores in the day's trade, the shares of Mamata Machinery Ltd rose by 2.6 percent, reaching a high of Rs. 383.75 per share compared to its previous closing price of Rs. 373.70 per share.

What Happened Mamata Machinery Ltd, engaged in manufacturing and exporting high-tech machinery for the flexible packagi...