This Penny stock engaged in providing advanced packaging solutions, specializing in extrusion and thermoforming technologies, serving major brands across the food, beverage, and consumer goods industries, jumped 7 percent after receiving an order worth Rs. 5 crore for the supply of customized packaging products for beverages.
Stock Price Movement:
With a market capitalization of Rs. 177.35 crores, the share of Rajshree Polypack Limited has reached an intraday high of Rs. 24.19 per equity share, rising nearly 7.13 percent from its previous day’s close price of Rs. 22.58. Since then, the stock has retreated and is currently trading at Rs. 24.18 per equity share.
What Happened:
Rajshree Polypack Limited has secured a new order from one of India’s largest consumer brands in the Food & Beverage industry. The company will supply customized packaging products for beverages as per the customer’s specifications. The order is valued at approximately Rs. 4.76 crore and is to be completed by May 2025. The company is committed to fulfilling the order as per the agreed timeline.
Products and Services:
The company specializes in extrusion and thermoforming technologies, providing rigid and semi-rigid plastic sheets, thermoformed packaging products such as yogurt cups and fruit punnets, barrier products for MAP and retort applications, and custom-designed packaging solutions to meet specific client needs.
Clientele:
Rajshree Polypack serves leading brands like Ferrero, Amul, Britannia, Unilever, Swiggy, and Tata Global Beverages, providing high-quality packaging solutions to meet the diverse needs of these prominent companies in various industries.
Recent quarter results:
Rajshree Polypack Limited’s revenue has increased from Rs. 64.82 crore in Q3 FY24 to Rs. 72.70 crore in Q3 FY25, which has grown by 12.16 percent. The net profit has turned into a net loss, from Rs. 2.55 crore in Q3 FY24 to Rs. -0.94 crore in Q3 FY25.
Written By – Nikhil Naik
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