EPL share price rises after partnership with Colgate-Palmolive to manufacture renewable dental tubes

The price of EPL shares exceeded more than 3 per cent on September 1 after the company partnered with Colgate-Palmolive to build viable tubes.

EPL Limited has announced that it is partnering with ColgatePalmolive India, one of the largest brands of oral care to produce Recyclable Platina Toothpaste Tubes in India. This first set of recyclable tubes is the beginning of the transformation into 100 percent renewable pipes in Colgate-Palmolive, the company said in an exchange file.

Stocks traded at Rs 240.25, up Rs 7.55, or 3.24 percent. It affected the internal highs of Rs 243.00 and the intraday low of Rs 232.70.

The fund traded for 22,141 shares, compared to its five-day average of 11,308 shares, an increase of 95.80 percent.
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"Deepak Ganjoo, President AMESA, EPL Limited, said," We have been a proud partner with Colgate - Palmolive India for decades and the partnership has enabled us to create the first steps seen through the first transition to renewable pipelines. Going forward, we believe, sustainability is the cornerstone of new packaging space and the EPL is leading the global package in sustainable packaging. In line with the product requirements and our vision for achieving a non-environmental effect, we are committed to working with all products to provide innovative tube packaging solutions. "

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