{"id":141723,"date":"2024-12-31T11:41:05","date_gmt":"2024-12-31T06:11:05","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=141723"},"modified":"2024-12-31T17:28:04","modified_gmt":"2024-12-31T11:58:04","slug":"stock-in-green-after-company-to-invest-7-cr-to-expand-its-production-capacity-by-25","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/stock-in-green-after-company-to-invest-7-cr-to-expand-its-production-capacity-by-25\/","title":{"rendered":"Stock in green after company to invest \u20b97 Cr to expand its production capacity by 25%"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-591451362\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>This Microcap stock which operates in the business of manufactures and sells Plastic Articles and related products was in focus after the company announced production capacity expansion by 25 percent.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2949267750\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Price Action&nbsp;<\/strong><\/h2><p>With a market capitalization of Rs. 178.20 Crores, the shares of <strong>Prima Plastics Limited<\/strong> were up by 2.5 percent in the day\u2019s trade touching a day\u2019s high of Rs. 166 per share. The stock reiterated from the day\u2019s high and was trading at Rs. 162 per share which is 0.03 percent higher than the previous closing price of Rs. 161.95 apiece. The stock has delivered a negative return of 1.30 percent and has underperformed the Nifty Index in the past year.\u00a0<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>What Happened&nbsp;<\/strong><\/h2><p>The company had announced a production capacity expansion of Prima Dee Lite Plastics SARL in Cameroon which is the Joint venture of Prima Plastics to increase its existing production capacity from 16,000 MT to increase by 25 percent. This commencement of commercial production is from December 30, 2024. The investment amount for this initiative is valued at $9.06 Lakhs Lakhs (Approx Rs. 7.71 crore).. The existing capacity is around 65 percent. This expansion will be funded through internal accruals. The rationale for the expansion is to sustain growth and to meet market demand.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>About the Company&nbsp;<\/strong><\/h2><p>Prima Plastics Limited was established in 1993. It is a leading Indian manufacturer and exporter of plastic products which specializes in molded furniture, pallets, and waste management solutions. They operate seven production facilities globally, including four in India and others in Cameroon and Guatemala. Their business model focuses on both B2B and B2C markets, catering to sectors like hospitality, industry, and municipal corporations. With a commitment to quality, Prima holds multiple ISO certifications and has been recognized as a One Star Export House by the Indian government. The company focuses on sustainable practices while expanding its product range and international reach&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-266783523\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Financials &amp; Ratios&nbsp;<\/strong><\/h2><p>The company\u2019s Revenue from operations fell by 6.55 percent year on year from Rs. 46.66 Crores in Q2FY24 to Rs. 43.60 Crores in Q2FY25, accompanied by a profit of Rs. 5.28 Crores to a profit of Rs. 2.99 Crores.&nbsp;<\/p><p>In terms of Return ratios, the company has a return on capital employed (ROCE) of 16.86 percent and the return on equity (RoE) stood at 16.09 percent. The net profit margin<\/p><p>stood at 12.69 percent and the debt-to-equity ratio stood at 0.28 as of FY24. <strong>Shareholding Pattern&nbsp;<\/strong><\/p><p>As of September 2024, the shareholding pattern with the promoter&#8217;s stake holding a share of 58.27 percent in Prima Plastics, and public holdings standing at 41.73 percent.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Santhosh S&nbsp;<\/strong><\/p><\/blockquote><h2 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h2><div class=\"wp-block-image\"><figure class=\"aligncenter\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on&nbsp;<a href=\"https:\/\/tradebrains.in\/\">tradebrains.in<\/a>&nbsp;are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing<\/strong>.<\/p><div class=\"trade-after-content\" id=\"trade-692042481\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>This Microcap stock which operates in the business of manufactures and sells Plastic Articles and related products was in focus after the company announced production capacity expansion by 25 percent.&nbsp; Price Action&nbsp; With a market capitalization of Rs. 178.20 Crores, the shares of Prima Plastics Limited were up by 2.5 percent in the day\u2019s trade [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":119107,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,13525],"tags":[],"class_list":["post-141723","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-stock-updates"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Stock in green after company to invest \u20b97 Cr to expand its production capacity by 25% - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/stock-in-green-after-company-to-invest-7-cr-to-expand-its-production-capacity-by-25\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Stock in green after company to invest \u20b97 Cr to expand its production capacity by 25%\" \/>\n<meta property=\"og:description\" content=\"This Microcap stock which operates in the business of manufactures and sells Plastic Articles and related products was in focus after the company announced production capacity expansion by 25 percent.&nbsp; Price Action&nbsp; With a market capitalization of Rs. 178.20 Crores, the shares of Prima Plastics Limited were up by 2.5 percent in the day\u2019s trade [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/stock-in-green-after-company-to-invest-7-cr-to-expand-its-production-capacity-by-25\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-12-31T06:11:05+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-12-31T11:58:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/02\/MARKET0020.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trade Brains\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trade Brains\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/stock-in-green-after-company-to-invest-7-cr-to-expand-its-production-capacity-by-25\/\",\"url\":\"https:\/\/tradebrains.in\/features\/stock-in-green-after-company-to-invest-7-cr-to-expand-its-production-capacity-by-25\/\",\"name\":\"Stock in green after company to invest \u20b97 Cr to expand its production capacity by 25% - Trade Brains Features\",\"isPartOf\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/tradebrains.in\/features\/stock-in-green-after-company-to-invest-7-cr-to-expand-its-production-capacity-by-25\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/tradebrains.in\/features\/stock-in-green-after-company-to-invest-7-cr-to-expand-its-production-capacity-by-25\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/02\/MARKET0020.jpg\",\"datePublished\":\"2024-12-31T06:11:05+00:00\",\"dateModified\":\"2024-12-31T11:58:04+00:00\",\"author\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\"},\"breadcrumb\":{\"@id\":\"https:\/\/tradebrains.in\/features\/stock-in-green-after-company-to-invest-7-cr-to-expand-its-production-capacity-by-25\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/tradebrains.in\/features\/stock-in-green-after-company-to-invest-7-cr-to-expand-its-production-capacity-by-25\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/stock-in-green-after-company-to-invest-7-cr-to-expand-its-production-capacity-by-25\/#primaryimage\",\"url\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/02\/MARKET0020.jpg\",\"contentUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/02\/MARKET0020.jpg\",\"width\":1280,\"height\":854,\"caption\":\"bse building\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/tradebrains.in\/features\/stock-in-green-after-company-to-invest-7-cr-to-expand-its-production-capacity-by-25\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/tradebrains.in\/features\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Stock in green after company to invest \u20b97 Cr to expand its production capacity by 25%\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/tradebrains.in\/features\/#website\",\"url\":\"https:\/\/tradebrains.in\/features\/\",\"name\":\"Trade Brains\",\"description\":\"Stock Market NSE\/BSE Latest News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/tradebrains.in\/features\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\",\"name\":\"Trade Brains\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"caption\":\"Trade Brains\"},\"sameAs\":[\"http:\/\/tradebrains.in\/\"],\"url\":\"https:\/\/tradebrains.in\/features\/author\/trade-brains\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Stock in green after company to invest \u20b97 Cr to expand its production capacity by 25% - Trade Brains Features","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/tradebrains.in\/features\/stock-in-green-after-company-to-invest-7-cr-to-expand-its-production-capacity-by-25\/","og_locale":"en_US","og_type":"article","og_title":"Stock in green after company to invest \u20b97 Cr to expand its production capacity by 25%","og_description":"This Microcap stock which operates in the business of manufactures and sells Plastic Articles and related products was in focus after the company announced production capacity expansion by 25 percent.&nbsp; Price Action&nbsp; With a market capitalization of Rs. 178.20 Crores, the shares of Prima Plastics Limited were up by 2.5 percent in the day\u2019s trade [&hellip;]","og_url":"https:\/\/tradebrains.in\/features\/stock-in-green-after-company-to-invest-7-cr-to-expand-its-production-capacity-by-25\/","og_site_name":"Trade Brains Features","article_publisher":"https:\/\/www.facebook.com\/TradeBrainsOfficial\/","article_published_time":"2024-12-31T06:11:05+00:00","article_modified_time":"2024-12-31T11:58:04+00:00","og_image":[{"width":1280,"height":854,"url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/02\/MARKET0020.jpg","type":"image\/jpeg"}],"author":"Trade Brains","twitter_card":"summary_large_image","twitter_creator":"@TradeBrainsGrp","twitter_site":"@TradeBrainsGrp","twitter_misc":{"Written by":"Trade Brains","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/tradebrains.in\/features\/stock-in-green-after-company-to-invest-7-cr-to-expand-its-production-capacity-by-25\/","url":"https:\/\/tradebrains.in\/features\/stock-in-green-after-company-to-invest-7-cr-to-expand-its-production-capacity-by-25\/","name":"Stock in green after company to invest \u20b97 Cr to expand its production capacity by 25% - Trade Brains Features","isPartOf":{"@id":"https:\/\/tradebrains.in\/features\/#website"},"primaryImageOfPage":{"@id":"https:\/\/tradebrains.in\/features\/stock-in-green-after-company-to-invest-7-cr-to-expand-its-production-capacity-by-25\/#primaryimage"},"image":{"@id":"https:\/\/tradebrains.in\/features\/stock-in-green-after-company-to-invest-7-cr-to-expand-its-production-capacity-by-25\/#primaryimage"},"thumbnailUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/02\/MARKET0020.jpg","datePublished":"2024-12-31T06:11:05+00:00","dateModified":"2024-12-31T11:58:04+00:00","author":{"@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666"},"breadcrumb":{"@id":"https:\/\/tradebrains.in\/features\/stock-in-green-after-company-to-invest-7-cr-to-expand-its-production-capacity-by-25\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/tradebrains.in\/features\/stock-in-green-after-company-to-invest-7-cr-to-expand-its-production-capacity-by-25\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/stock-in-green-after-company-to-invest-7-cr-to-expand-its-production-capacity-by-25\/#primaryimage","url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/02\/MARKET0020.jpg","contentUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/02\/MARKET0020.jpg","width":1280,"height":854,"caption":"bse building"},{"@type":"BreadcrumbList","@id":"https:\/\/tradebrains.in\/features\/stock-in-green-after-company-to-invest-7-cr-to-expand-its-production-capacity-by-25\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/tradebrains.in\/features\/"},{"@type":"ListItem","position":2,"name":"Stock in green after company to invest \u20b97 Cr to expand its production capacity by 25%"}]},{"@type":"WebSite","@id":"https:\/\/tradebrains.in\/features\/#website","url":"https:\/\/tradebrains.in\/features\/","name":"Trade Brains","description":"Stock Market NSE\/BSE Latest News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/tradebrains.in\/features\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666","name":"Trade Brains","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","caption":"Trade Brains"},"sameAs":["http:\/\/tradebrains.in\/"],"url":"https:\/\/tradebrains.in\/features\/author\/trade-brains\/"}]}},"_links":{"self":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/141723","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/comments?post=141723"}],"version-history":[{"count":2,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/141723\/revisions"}],"predecessor-version":[{"id":141769,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/141723\/revisions\/141769"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media\/119107"}],"wp:attachment":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media?parent=141723"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/categories?post=141723"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/tags?post=141723"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}