{"id":110427,"date":"2023-09-21T11:43:07","date_gmt":"2023-09-21T06:13:07","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=110427"},"modified":"2023-09-21T11:43:13","modified_gmt":"2023-09-21T06:13:13","slug":"microcap-stock-jumps-up-to-10-after-company-inaugurated-a-new-manufacturing-facility","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/microcap-stock-jumps-up-to-10-after-company-inaugurated-a-new-manufacturing-facility\/","title":{"rendered":"Microcap stock jumps up to 10% after company inaugurated a new manufacturing facility\u00a0"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3877639157\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>The share of the leading manufacturer Pvc based products rose 10 percent on Thursday\u2019s early trade after the company inaugurated its new manufacturing facility in Gujarat.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1954475037\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>At 10:55 a.m., <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/543939\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Kaka Industries Ltd<\/a><\/strong> shares were trading at Rs 186.60 apiece, up 3.09 percent from the previous close price and the company has a market capitalization of Rs 252 crore.\u00a0<\/p><p>According to the Kaka Industries exchange filing, The company Inaugurated its cutting-edge manufacturing facility in Gujarat, marking Phase 1 of the ambitious expansion initiative, with an impressive initial production capacity of around 13,000 metric tonnes per year for polymer compounding. Through this expansion, the company introduced a new range of goods such as PVC Roofing, Cladding and Decking, and Laminated and Hot Stamping PVC Ceiling.&nbsp;<\/p><p>In addition to its exceptional production capability. The plant has a total Land Area of 7,00,000 Sq Ft and a total Constructed Area of 3,60,000 Sq Ft.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-2266010202\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>Kaka Industries&#8217; shares have increased by 61 percent from their original listing price of Rs 115 to their present level.&nbsp;<\/p><p>The company posted revenue of Rs 158 crores and a net profit of Rs 7 crores in the fiscal year FY 22-23.&nbsp;<\/p><p>According to the latest shareholding pattern, the promoters of the company hold a 69.78 percent stake, while domestic institutional investors hold 3.75 percent and foreign institutional investors hold a 4.28 percent stake.&nbsp;<\/p><p>Kaka Industries Limited is a leading player in the polymer business, The company makes polymer-based profiles for use in doors, windows, partitions, false ceilings, wall paneling, kitchen cabinets, and other interior and exterior works. The product line of the firm includes around 1200 Stock Keeping Units (SKUs).&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Omkar Chitnis<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-3343904861\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>The share of the leading manufacturer Pvc based products rose 10 percent on Thursday\u2019s early trade after the company inaugurated its new manufacturing facility in Gujarat.&nbsp; At 10:55 a.m., Kaka Industries Ltd shares were trading at Rs 186.60 apiece, up 3.09 percent from the previous close price and the company has a market capitalization of [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":28546,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[12317,12316,948,936,12318],"class_list":["post-110427","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-kaka-industries-latest-news","tag-kaka-industries-share-price","tag-stock-market","tag-stock-market-news","tag-why-is-kaka-industries-share-going-up"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - 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