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Stock Report
Mitsu Chem Plast bags ET Polymer Award 2022 for their Innovative Product M4-Miyon CPR Board
Posted On : 2022-03-01 13:48:47( TIMEZONE : IST )
Mitsu Chem Plast Limited (Mitsu) (BSE:540078), one of the largest manufactures of Blow Moulding, Injection Moulding and Customized Moulding, has been yet again awarded by ET Polymer Awards 2022 for Excellence in Plastics for their Patented, Innovative, Product "M4-Miyon Head and Foot Bow with Cardiopulmonary Resuscitation (CPR) Board." The Company receives this award for Innovation in Medical devices and Healthcare equipment (SME). They were also awarded in 2020 under the same category for their product 'Mitsu Spine Board (Stretcher)' and in 2018 for their product 'Bed Board Plank.'
The award was felicitated by dignitaries to Mr Sanjay Dedhia, Jt. MD and Manish Dedhia, Jt. MD & CFO of Mitsu Chem Plast Ltd.
The Economic Times Polymers Awards' 1s a platform created to recognize and celebrate the excellence achieved by Indian plastics processing industry across different segments like Automotive, Consumer Durables, Electricals & Electronics, Toys & Playing Equipment, Houseware & Kitchenware, Packaging, Medical Devices & Healthcare Equipment and Recycling.
Speaking on the occasion Mr. Jagdish Dedhia, Chairman of Mitsu Chem Plast Ltd, "Being an ET Polymers 2022 prestigious award winner for Innovation in Medical devices and Healthcare equipment (SME) is truly an honour. Our Mission is 'Value creation by Innovation.' Through innovations we are continuously expanding our product portfolio in niche patient monitoring healthcare segment. Receipt of the award strengthens our position in the healthcare segment and will allow us to grow strongly in the segment."
Shares of Mitsu Chem Plast Ltd was last trading in BSE at Rs. 264.45 as compared to the previous close of Rs. 259.35. The total number of shares traded during the day was 1421 in over 59 trades.
The stock hit an intraday high of Rs. 264.75 and intraday low of 242.55. The net turnover during the day was Rs. 373537.00.
