Ruchira PapersÂ is engaged in the manufacturing of Kraft Paper and Writing & Printing Paper. Kraft Paper finds its application in the packaging Industry especially for making Corrugated Boxes / Cartons and for other packaging requirements. The special feature of its Kraft Paper is load bearing Capacity and tensile Strength which makes its most suitable for Corrugated packing application. Writing & Printing Paper is used for multiple purposes.
Ruchira PapersÂ has been maintaining pace with the changing technology in the Paper Industry. Since the start of Commercial production in 1983, Ruchira PapersÂ has been regularly upgrading its Works. The ever_ increasing demand for Writing and Printing paper in domestic as well as international markets has thrown up a plethora of opportunities to the Company to diversify into Writing and Printing paper segment.
Recommended Price: 27
Market Cap: 55.71 Corers
Stock P/E: 4.52
Dividend Yield: 4.00%
Book Value: 45.79
Stock is 10.00 paid up
Listed on BSE & NSE
Compared to peer group this is the finest stock and available quiet attractive rate. One must invest for massive return in this stock for long term.
Below is the annual report of the Ruchira Papers.
MORARJEE TEXTILES LTD is a leading player of ashoka piramal group premium cotton shirting fabric and high fashion printed fabric globally. MORARJEE TEXTILES LTD is the first company in India to have successfully entered a joint venture with an Italian company for setting up a yarn dyed shirting fabric unit at Nagpur, India. The products are manufactured using the latest dyeing and finishing facilities and are in accordance with the Oeko-tex standard as well as national and international standards of full quality control assurance, at all times. MORARJEE TEXTILES LTD is customer focused company. They are committed to delivering real value. MORARJEE TEXTILES LTD’s competitive advantage lies in its innovative design, product development and flexible service offering. Its customer base is spread across 20 countries around the globe and is growing. Today, MORARJEE TEXTILES LTD offers premium cotton shirting fabrics to most of the leading Indian and International brands. It makes premium voiles and high fashion printed fabrics for the Middle East, Far East, North African and European markets. One leading market player LIC housing finance holding 5% stake in MORARJEE TEXTILES LTD textile.
MORARJEE TEXTILES LTD has been maintaining a healthy dividend payout of 20.46%.
Contingent liabilities of Rs.60.47 Cr.
Market Cap: 199.08 Crores
Recommended Price: 54.80
Book Value: 29.07
Stock P/E: 7.34
Stock is 7.00 paid up
Listed on BSE & NSE
MORARJEE TEXTILES LTD has good return on investment for last couple of years. one can buy MORARJEE TEXTILES LTD @ 54 rs which is regionable price for long term gain.