EPACK

** Epack Durable EPAC.NS jumps 5% to 376.3 rupees

** Co gets approval to disburse second tranche of incentive worth 300 mln rupees ($3.5 mln) under production-linked incentive (PLI) scheme for white goods for FY24

** Makes requisite investments as per terms of PLI approval in manufacturing of room air conditioner components segment

** More than 800,000 shares traded, surpassing six-month daily avg volume

** EPAC down 32% YTD

($1 = 85.9510 Indian rupees)

(Reporting by Vivek Kumar M)

(([email protected];))

Jan 31 (Reuters) - Epack Durable Ltd EPAC.NS:

• DEC-QUARTER CONSOL NET PROFIT 25.1 MILLION RUPEES

• DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 3.77 BILLION RUPEES

Source text: [ID:]

Further company coverage: EPAC.NS

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Jan 30 (Reuters) - Epack Durable Ltd EPAC.NS:

• RECEIVES 7.8 MILLION RUPEES INCENTIVE UNDER M-SIPS SCHEME OF GOVERNMENT

Source text: ID:nBSE78N9js

Further company coverage: EPAC.NS

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** Shares of air conditioner manufacturer EPACK Durable EPAC.NS down the exchange-allowed maximum of 5% to 568.45 rupees, set to fall for a third straight session

** Overall, 673,821 shares traded in 5 block deals on NSE at a discount ranging between 4.7% to 5% - LSEG data

** Trading vols at 1.6 mln shares, more than 2x the 30-day average

** EPAC set to snap 6-week gaining streak, down ~9% during the week

** Stock more than doubled since its trading debut in January last year

(Reporting by Vijay Malkar)

(([email protected];))

** Epack Durable EPAC.NS climbs 4.2% to 497.7 rupees

** Brokerage ICICI Securities starts with "buy"; sets TP of 555 rupees - 16.2% premium to Tuesday's close

** Says home appliances maker's room air conditioners (RAC) segment posed for robust growth; strong capacity additions will help co capitalise on demand tailwinds

** Adds EPAC's entry into small and large domestic appliances will lead to higher margins and buck seasonality-led impact in RAC segment's profitability

** Expects 52.2% CAGR over FY24-27

** Stock sees most active session in over a month, with volumes at 2.5x the 30-day avg

** EPAC up 125% since listing on Jan. 30

(Reporting by Manvi Pant in Bengaluru)

(([email protected]; +918447554364;))

** Indian home appliance maker Epack Durable EPAC.NS hits lower circuit; down 5% to 425.80 rupees

** Co on Tuesday said the office of the Commissioner of Customs initiated a search at its Bhiwadi manufacturing facility in Rajasthan state

** The officials concluded the search without seizing any documents or items

** Stock set to snap four straight sessions of gains

** EPAC up ~115% YTD since its listing on Jan. 30

(Reporting by Yagnoseni Das in Bengaluru)

(([email protected];))

Dec 3 (Reuters) - Epack Durable Ltd EPAC.NS:

• EPACK DURABLE - SIIB OFFICIALS CONCLUDED VISIT WITHOUT SEIZING ANY DOCUMENTS OR ITEMS

Further company coverage: EPAC.NS

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** Epack Durable EPAC.NS climbs exchange-allowed upper circuit of 5% to 408.55 rupees

** Home appliances maker signs deal with Shenzhen-listed Hisense 000921.SZ to set up manufacturing facility in India to produce Hisense's air conditioners and home appliances

** EPAC will invest in new manufacturing facility in Andhra Pradesh, with initial production set to begin in June 2025

** Co did not disclose deal amount and investment required

** Overall 677,423 shares traded, 0.2x 30-day average

** EPAC up ~85% since its listing on Jan. 30

(Reporting by Vijay Malkar)

(([email protected];))

July 24 (Reuters) - Epack Durable Ltd EPAC.NS:

• EPACK DURABLE - WILL INVEST 143.6 MILLION RUPEES TO ACQUIRE ADDITIONAL 24% STAKE IN EPAVO

Source text for Eikon: ID:nNSE2vM2xd

Further company coverage: EPAC.NS

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** Shares of India's Epack Durable EPAC.NS down 4.5% after falling as much as 6% earlier in the session

** Electrical equipment maker's Q4 consol net profit dropped 16.6% y/y, revenue slid 17.7% y/y

** So far stock has shed 18.8% since listing in end-Jan

(Reporting by Hritam Mukherjee in Bengaluru)

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May 28 (Reuters) - Epack Durable Ltd EPAC.NS:

• MARCH-QUARTER CONSOL NET PROFIT 278.3 MILLION RUPEES VERSUS 333.5 MILLION RUPEES

• MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 5.26 BILLION RUPEES VERSUS 6.39 BILLION RUPEES

Further company coverage: EPAC.NS

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April 2 (Reuters) - Epack Durable Ltd EPAC.NS:

• EPACK DURABLE - RECEIVES INCENTIVE UNDER PRODUCTION LINKED INCENTIVE SCHEME FOR WHITE GOODS

• EPACK DURABLE - RECEIVED 1ST INCENTIVE OF 150 MILLION RUPEES FOR FY 2022-23, UNDER PLI SCHEME

Source text for Eikon: ID:nBSE7Mk7p8

Further company coverage: EPAC.NS

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** Shares of Epack Durable EPAC.NS up 6.3% at 197.85 rupees

** EPAC logs biggest intraday pct gain since listing on Jan. 30

** The room air conditioners designer and manufacturer reported consolidated net profit of 48.9 mln rupees ($589,043.08) for the Dec-qtr vs loss of 62.5 mln rupees a year ago

** Revenue from operations rose 1.3%

** Stock on track for a third consecutive session of gains, if trend holds

($1 = 83.0160 Indian rupees)

(Reporting by Navamya Ganesh Acharya in Bengaluru)

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Feb 15 (Reuters) - Epack Durable Ltd EPAC.NS:

• EPACK DURABLE DEC-QUARTER CONSOL NET PROFIT 48.9 MILLION RUPEES VERSUS LOSS 62.5 MILLION RUPEES

• EPACK DURABLE DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 2.79 BILLION RUPEES VERSUS 2.76 BILLION RUPEES

Source text for Eikon: ID:nBSE6NKrSr

Further company coverage: EPAC.NS

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Feb 1 (Reuters) - Epack Durable Ltd EPAC.NS:

• EPACK DURABLE LTD - COMMENCEMENT OF PRODUCTION OF DOMESTIC AIR COOLER BY CO

• EPACK DURABLE LTD - ANNUAL TURNOVER ESTIMATED FROM DOMESTIC AIR COOLER BUSINESS 800 MILLION RUPEES

Source text for Eikon: ID:nBSEchxyw

Further company coverage: EPAC.NS

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** Shares of Epack Durable EPAC.NS down 6.4% at 215.20 rupees in trading debut vs initial public offering (IPO) price of 230 rupees

** EPAC, an original design manufacturer (ODM) of room air conditioners, debuts at 221 rupees

** Stock falls to a low of 211.20 rupees before trimming some losses

** IPO had fresh issue of shares worth 4 billion rupees and offer for sale of sales worth up to 2.40 billion rupees from stakeholders

** IPO oversubscribed 16.37x last week - exchange data

** EPAC's profit rose 83% for year ended March 31, while revenue from operations climbed 66.5%

(Reporting by Rama Venkat in Bengaluru)

(([email protected]; https://twitter.com/ramavenkat0607;))