Rainbow Papers Limited, listed on BSE and NSE, has announced to produce the “BSE Small-Cap” July 12; 2010.This would be made by recycling waste papers. This is one of the leading paper manufacturing companies in India. To use the eco-friendly process of recycling of waste paper and turn into Small-Cap, the company has a market capitalization of over Rs. 380 crores. That sounds amazing.
The company, Rainbow Papers has forecast sales of Rs. 4.93bn an
expected growth of 73.59% and profit of 125 Crores, indicating a growth of 83.66% for year 2010-11.
Waste papers are nothing but bunch of dust. So hats off to Rainbow Papers Limited for taking initiative to recycle this products and turn into profitable goods.
The company, Rainbow Papers has forecast sales of Rs. 4.93bn an
expected growth of 73.59% and profit of 125 Crores, indicating a growth of 83.66% for year 2010-11.Waste papers are nothing but bunch of dust. So hats off to Rainbow Papers Limited for taking initiative to recycle this products and turn into profitable goods.
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