What to Watch. Will expansion help Hindustan Adhesives?

Shares of Hindustan Adhesives will remain in focus, as the expansion of its BOPP packaging tapes manufacturing unit at Bhadreswar, Mundra, Kutch, Gujarat, has been completed and commercial production commenced. The company, which reported a profit of ₹70 lakh on revenues of ₹19.43 crore for the quarter ended December 2017, has set up the plant with an installed capacity of 216 million square meters per annum. Investors will closely monitor the development.