Mamata Machinery Stock Surges on Recyclability Certification
By ThePip Desk
Mamata Machinery’s stock rose 2.87% after its RecTech packaging film achieved 100% recyclability certification from Germany’s Institut cyclos-HTP GmbH.
Mamata Machinery shares advanced by 2.87% today, trading at Rs. 426.00, following the announcement that its ‘RecTech’ packaging film achieved 100% recyclability certification from Institut cyclos-HTP GmbH in Germany.
The stock gained 11.90 points from its previous close of Rs. 414.10 on the BSE. Trading activity saw the scrip open at Rs. 420.70, hitting an intraday high of Rs. 427.00 and a low of Rs. 413.05.
Key Trading Metrics
- Current Price: Rs. 426.00
- Points Up: 11.90
- Percentage Gain: 2.87%
- Shares Traded: 13928
- Market Capitalization: Rs. 1045.83 crore
- 52-Week High: Rs. 515.40 (19-Sep-2025)
- 52-Week Low: Rs. 297.70 (30-Mar-2026)
- Last One Week High: Rs. 427.00
- Last One Week Low: Rs. 382.00
RecTech, a fully recyclable mono-material film, was initially launched at Plastindia 2026 in February. This advanced material is designed to provide superior barrier protection and mechanical performance compared to traditional non-recyclable composite film structures.
Global Recyclability Validation
The film has undergone extensive testing both in India and internationally to confirm its functionality and recyclability. The recent German certification adds a significant international validation to its credentials.
- Indian Certification: CIPET, Bengaluru (May 22, 2026)
- Functionality Certification: Indian Institute of Packaging (IIP), Kolkata (oxygen and water vapour barrier performance)
- European Certification: Institut cyclos-HTP GmbH, Germany
Mamata Machinery, which manufactures and exports plastic bags, pouch making machines, packaging machines, and extrusion equipment, currently has a promoter holding of 62.45%. Institutions hold 2.10%, while Non-Institutions account for 35.46% of the company’s equity.
Further validation is anticipated from the Association of Plastic Recyclers (APR) in the USA. This upcoming certification is expected to solidify RecTech’s commercial viability, supporting its adoption by brand owners and converters seeking scalable and competitively priced recyclable packaging solutions.