During Friday’s trading session, the price of a Plastic Packaging company specializing in manufacturing and trading Plastic Packaging Products surged up to 10% after Securing 2 international orders worth 1 million dollars.
Price movement:
With a market capitalization of Rs.145.07 crores, at 2 p.m., the shares of Rajshree Polypack Limited are trading up by close to 10 percent from its day’s opening of Rs 20.10.
What’s the News
Rajshree Polypack Limited has received two international orders worth 1.07 USD, These orders include contracts for supplying Injection Molding products and Thermoforming products worth USD 0.10 Mn (Approximately ₹ 0.89 Crs) to be supplied by April 2025. Another customized order for the supply of Injection Moulding products worth USD 0.97 Mn (Approximately ₹ 8.25 Crs) is 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 said partnership was thereafter converted from a partnership firm to a private limited company with the name of ‘Rajshree Polypack Private Limited’ on October 15, 2011.
Subsequently, 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 Q3 of FY24 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 the Q3 of FY2025.
WRITTEN BY -LIKESH BABU S
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