While we had a thrust of the flexible packaging on the export side but given the thrust we had on the aseptic packaging on the export side so we have achieved a new high in our export volumes as well as our revenues.

Expecting better volumes from our international packaging films biz: Rajesh Bhatia, UFlex

The packaging company reported a loss of Rs 416.18 crore in the June quarter against a profit of Rs 374.49 crore in the year-ago period

UFlex slumps 7% on poor Q1 show

Packaging major Uflex Ltd has posted a consolidated loss after tax of Rs 416 crore in the first quarter ended June 30, 2023.

Uflex Posts Loss Of Rs 416 Crore In Q1 FY24

Uflex Ltd, a leading packaging company, reported a consolidated loss of ₹416 crore in Q1 2023 due to an exceptional loss of ₹382 crore caused by a change in the forex policy of the Central Bank of Nigeria. The company’s revenue stood at ₹3,278 crore, down 19% YoY, with a decline in sales volume by 7…

Uflex posts loss of ₹416 cr in Q1 FY24

ITC Ltd, Vodafone Idea Ltd, Indiabulls Housing Finance, KNR Constructions Ltd, AstraZeneca Pharma India, Wockhardt Ltd, Saksoft Ltd and Uflex are among a handful of companies that will announce their quarterly results today.

Stocks in news: ITC, Adani Ports, Tata Steel, Nykaa, Vodafone Idea, HDFC Bank & CarTrade

I think next quarter or so, they will still remain subdued in the packaging films. After that, I think the margins will improve.

Margins to still remain subdued in packaging films for next 1-2 quarters: Rajesh Bhatia, Uflex

Uflex Standalone March 2023 Net Sales at Rs 1,672.76 crore, up 0.5% Y-o-Y

Its revenue from operation was down 14 per cent to Rs 3,320.18 crore during the quarter under review as against Rs 3,861.86 crore in the corresponding period of the previous fiscal.

Uflex Q4 profit falls to Rs 83 lakh, revenue down 14% to Rs 3,320 cr

Uflex share price: The stock jumped 13.58 per cent today to hit a day high of Rs 429.50 over its previous close of Rs 378.15. At today’s high price of Rs 429.50, the stock has climbed 21.43 per cent in two consecutive sessions. The scrip has climbed 22.52 per cent from its 52-week low of Rs 347.15, …

Uflex shares extend gains, jump 14% today after clarification on I-T raid

All stocks of raw materials, finished goods, work in process and other assets were found to be duly recorded and all books of accounts were found to be in order, Uflex has said

Uflex extends rally, says I-T department found nothing incriminating

Uflex surged 12.02% to Rs 423.60 after the company clarified that that the IT department did ‘not seize anything incriminating’ from the company in the raid conducted for seven consecutive days.

Uflex spurts after clarification on recent IT raids

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

The stock has a moderate number of red flags

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

UFLEX Limited is a holding company engaged in the manufacture and sale of flexible packaging products.

Uflex Ltd