During Wednesday’s trading session, the price of a Plastic Packaging company specializing in manufacturing and trading Plastic Packaging Products surged up to 10% after securing 4 international orders worth 4 million Rupees.
Price movement:
With a market capitalization of Rs. 180.06 crores, at 3 p.m., the shares of Rajshree Polypack Limited are trading at Rs. 26.90, up by close to 10 percent from its day’s opening of Rs 24.
What’s the News
Rajshree Polypack Limited has received 4 orders worth close to 4.97 crores from clients to supply Thermoforming and Injection Moulding products, Plastic Rigid Sheets, and Injection Moulding products for food packaging and other purposes. Out of the orders received, one is an international order from a USA-based distributor of food packaging.
Order details:
Order 1 from A leading USA-based distributor of food packaging containers for supply Thermoforming and/or Injection Moulding products worth USD 0.09 Mn, approximately Rs.76 Lacs, to be fulfilled by May 2025
Order 2 from a Wholly Owned Indian subsidiary of a Switzerland-based packaging giant for the supply of Plastic Rigid Sheets worth Rs 1.48 Crs to be fulfilled by May 2025.
Order 3 from A large packaging manufacturer listed on the Indian Stock Exchange, majorly owned by a Finland-based packaging company giant, for the Supply of Plastic Rigid Sheets order valued at Order value of Rs. 1.79 Crs, to be fulfilled by May 2025
Order 4 from a Beverage manufacturer for the supply of Thermoforming and/or Injection molding products for food packaging.worth Rs. 0.94 crores to be supplied by May 2025
About the company:
Rajshree Polypack Limited was originally formed as a partnership firm under the Partnership Act, 1932, in the name of M/s Rajshree Industries. The Company was converted into a public limited company, and the Company is engaged in the business of manufacturing and trading of “Plastic Packaging Products”. The Company operates through its two manufacturing units.
Financials:
Its revenue from operations has surged by 13.1 percent from Rs. 65.49 Crores in Q3FY24 to Rs. 74.07 Crores in Q3 of FY25, whereas the net profits of the company declined from Rs. 2.55 crores in Q3 of FY2024 to a loss of Rs. 0.94 Crores in Q3 of FY2025.
WRITTEN BY -LIKESH BABU S
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