JINDALPOLY

** Shares of Jindal Poly Films JPLY.NS rise 7.8% to 807.5 rupees

** The packaging films maker reported a 72% rise in Q1 consolidated net profit, rev from ops up 48% Y/Y

** Co aided by 58% surge in rev from its core packaging segment

** More than 570,000 shares change hands, 5.1x its 30-day avg

** Stock up 27% so far this year

(Reporting by Ashna Teresa Britto in Bengaluru)

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Aug 7 (Reuters) - Jindal Poly Films Ltd JPLY.NS:

• NCLT APPROVED SCHEME OF AMALGAMATION OF SMI COATED PRODUCTS INTO JINDAL POLYPACK

Source text for Eikon: ID:nNSEl9HQf

Further company coverage: JPLY.NS

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** Shares of packaging films manufacturer Jindal Poly Films JPLY.NS rise as much as 11.42% to 749.05 rupees, hitting highest level since Jan. 24

** Co on Wednesday said it will acquire 100% shareholding of JPF Netherlands Investment B.V

** Adds, JPF Netherlands Investment B.V is engaged in packaging films business through its three units based out of France, Italy, and United Kingdom

** Share price above 50-day, 100-day simple moving averages but below 200-day SMAs

** JPLY's relative strength index above 70, indicating it is overbought

** More than 334,000 shares change hands by 9:38 a.m. IST, 2.2x 30-day avg of 148,773 shares

** Stock down ~15.6% YTD, as of last close

(Reporting by Ashish Chandra in Bengaluru)

(([email protected] (+91 7982114624))

June 7 (Reuters) - Jindal Poly Films Ltd JPLY.NS:

• ENTERED INTO AN AGREEMENT TO ACQUIRE 100% SHAREHOLDING OF JPF NETHERLANDS INVESTMENT B.V.

Source text for Eikon: ID:nNSE7x5BnM

Further company coverage: JPLY.NS

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