QQ1221 is a prominent name in the primary packaging industry, with its roots tracing back to 1996. Starting as a trader of small manual and motorized equipment, the company has since grown into a comprehensive manufacturer and dealer of diverse primary packaging solutions. This article delves into the company’s financial performance, business operations, and strategic initiatives that have positioned it as a key player in the industry.
QQ1221 Evolution and Growth
Humble Beginnings QQ1221 entered the primary packaging domain in 1996 with a focus on trading manual and motorized equipment alongside consumables. Over the years, the company diversified its product portfolio to meet the evolving needs of its domestic and international clients.
Expansion and Innovation The company has not only broadened its product range but also established its own infrastructure for manufacturing and innovation. QQ1221 is committed to creating customer-centric solutions and delivering exceptional after-sales support, ensuring a high satisfaction rate among its clientele.
QQ1221 Product Portfolio
Primary Packaging Solutions QQ1221 offers a wide array of equipment for industries such as food, beverages, pharmaceuticals, perfumes, cosmetics, edible oils, industrial lubricants, and chemicals. The company’s current product range primarily caters to low and medium-volume production, with a focus on filling, capping, and sealing operations.
Future Aspirations Looking ahead, QQ1221 aims to enhance its product offerings through in-house development and strategic collaborations. The company is also working towards establishing an online store to provide end-to-end packaging solutions.
QQ1221 Financial Metrics
Trade Information
- Traded Volume: 125.54 lakhs
- Traded Value: ₹924.43 crore
- Market Capitalization: ₹2,70,599.49 crore
- Free Float Market Cap: ₹1,55,817.95 crore
- Impact Cost: 0.02
- Deliverable/Traded Quantity: 26.03%
- Applicable Margin Rate: 15.09%
- Face Value: ₹2
Stock Performance
- 52-Week High (30-Jul-2024): ₹1,179.00
- 52-Week Low (26-Dec-2023): ₹716.60
- Upper Band: ₹794.40
- Lower Band: ₹650.00
- Daily Volatility: 1.83%
- Annualized Volatility: 34.96%
- Tick Size: 0.05
Securities Information
- Listing Status: Listed
- Trading Status: Active
- Date of Listing: 22-Jul-1998
- Adjusted P/E Ratio: 7.99
- Symbol P/E Ratio: 8.02
Strategic Vision QQ1221’s commitment to innovation and customer satisfaction is evident in its business practices. By understanding the critical role of packaging in diverse industries, the company strives to bridge gaps in the market with customer-centric solutions. Its dedication to after-sales support ensures long-term relationships with clients, further solidifying its position in the industry.
Conclusion QQ1221’s journey from a trader to a leading manufacturer and dealer in the primary packaging industry reflects its adaptability and vision. With a robust financial standing, a diverse product portfolio, and a focus on customer satisfaction, the company is well-positioned for sustained growth and innovation in the years to come.