Share price of a company engaged in the business of developing biodegradable and high-tech products, gained nearly 4.52 percent to Rs. 488.90 on Tuesday, after a patent was granted to the company.
With a market cap of Rs. 724 crore, shares of Arrow Greentech Ltd. closed at Rs. 479.70 on February 6th, up by 2.53 percent, and opened at Rs. 465, compared to its previous close of Rs. 467.85 on BSE.
The company has delivered positive returns of more than 35.2 percent in the last six months, compared to nearly 191.27 percent of positive returns in the last one year. So far in 2024, it has given around 9.42 percent of returns.
According to the recent filings on stock exchanges, Arrow Greentech Ltd. has been granted the patent Titled: “Bio-Compostable Multi-Layered Composite and Methods of Manufacturing the Same” in the territory of India, for the term of 20 years.
The company’s invention will assist in…
