Uflex

UFlex will invest over ₹ 700 crore to expand its packaging film capacity in Dharwad, Karnataka. This expansion is part of a global strategy aimed at enhancing the company's capabilities.

In 2022, The Ministry of Environment, Forest and Climate Change had notified the Guidelines for Extended Producer Responsibility on plastic packaging. The targets on use of recycled plastic content were made applicable from FY25-26, three years after the notification of the EPR guidelines.

Coupled with a burgeoning economy and urbanisation, which continue to generate massive waste volumes, the recycling industry is poised for exponential growth.

Breakout stocks to buy or sell: Sumeet Bagadia has recommended five shares to buy today — SMS Pharma, Rane Engine, Albert David, PCBL, and Uflex

Day trading stocks: Experts recommend buying TCS, IGL, Suzlon, Bank of Maharashtra, Uflex, and Concor

Day trading stocks: Market experts have recommended 6 buy or sell stocks for today — ICICI Bank, Motherson Sumi, Reliance Industries, Uflex, Bharti Airtel, and Mphasis.

The Income Tax department is yet to release a statement over the seizure during the raids on Uflex offices

Searches are going on in Uttar Pradesh, Delhi, Gujarat, Maharashtra, Madhya Pradesh, West Bengal Jammu and Kashmir, Haryana, Tamilanadu, Uttarakhand, and Himachal Pradesh.