Stock below Rs 30 in focus as the company receives an order worth Rs 1.71 crore for the supply of trays and plastic rigid sheets

Rajshree Polypack Limited has received a domestic repeat order worth approximately Rs 1.71 crore from a wholly-owned subsidiary of a global confectionery company. The contract involves the supply of Trays and Plastic Rigid Sheets and is expected to be fulfilled by December 2025, or on a mutually agreed-upon timeline. This order reinforces the company's relationship with its existing customer.

Earlier, the company received a domestic repeat order worth approximately Rs 1.76 crore from a large Indian-listed packaging manufacturer. The contract is for the supply of Plastic Rigid Sheets and is a repeat order from an existing customer. The order is to be fulfilled by September 2025, or on a mutually agreed-upon schedule.

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. 

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 over Rs 160 crore. The stock is up by 15 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.