Penny stock below Rs 30 secured Rs 1.37 crore domestic order for Plastic Rigid Sheets, delivery by July 2025
DSIJ Intelligence-1Categories: Penny Stocks, Trending
The stock is up by 38.55 per cent from its 52-week low of Rs 19.56 per share.
Rajshree Polypack Limited has secured a new domestic contract worth approximately Rs 1.37 crore from a wholly-owned Indian subsidiary of a Switzerland-based packaging giant. This is a repeat order for the supply of Plastic Rigid Sheets, with execution expected by July 2025 or as mutually agreed upon.
Rajshree Polypack Ltd, established in 2011, is a leading manufacturer of plastic packaging solutions. Specialising in barrier plastic sheets, thermoformed packaging and injection moulded products, the company caters to the dairy, food and beverage industries. Their product range includes polypropylene, high barrier sheets, PET, HIPS, laminated sheets and packaging solutions for various sectors. With three manufacturing units and a capacity of 25,000 MT, Rajshree Polypack serves renowned clients like Epigamia, Nestle, Havmor, Mother Dairy, Amul, Ferrero, Britannia, Kellogg's, Cafe Coffee Day, Gowardhan, etc.
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On Wednesday, shares of Rajshree Polypack Ltd gained 2,34 per cent to Rs 27.10 per share from its previous closing of Rs 26.48 per share. The stock’s 52-week high is Rs 48.50 per share and its 52-week low is Rs 19.56 per share. The company has a market cap of Rs 197 crore. The stock is up by 38.55 per cent from its 52-week low of Rs 19.56 per share.
Disclaimer: The article is for informational purposes only and not investment advice.