Uflex plummets 7% after reporting net loss of Rs 85 crore in December quarter
Uflex, one of India's leading flexible packaging companies, share price declined 7 percent in the morning session on February 15, a day after the company reported a loss in the December quarter of the financial year 2022-23.
The company reported a net loss of Rs 85 crore against a profit of Rs 313 crore in the same period a year ago.
At 12.13 pm, Uflex was trading at Rs 483.30 on the National Stock Exchange, down 5.52 percent from the previous day's close.
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