Shree Rama Newsprint Ltd
Shree Rama Newsprint Ltd (RAMANEWS)

Shree Rama Newsprint Ltd (RAMANEWS)

₹15.7--

Key Stats

₹15.3
Day's Price Range
₹16.2
₹14.3
52-Week Price Range
₹22.85
1 Month Return-7.65 %
3 Month Return2.61 %
1 Year Return-19.49 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 300
EPS
Rank 304
BVPS
Rank 327
Dividend Yield
Rank 178
ROE
Rank 647
-23.76%
Price To Book Ratio
Rank 263
Debt To Asset
Rank 317

Company Information

Rama Newsprint Papers LtdRNPL promoted in 1994 is the largest private sector player in the Indian Newsprint sector today with an annual manufacturing capacity of 1.5 lakh tonnes of newsprint/writing and printing paper. West Coast Paper Mills the flagship company of S K Bangur Group along with its associates has picked up 34.25 stake in 2003.RNPLs manufacturing facility at Gujarat includes a paper mill and a captive power generation unit. This unit uses recycled paper as input material for producing newsprint. Rama Newsprint can alone meet almost 20 per cent of the countrys current newsprint requirements. Besides supplying newsprint to different newspapers the company also uses part of its capacity for producing PWP depending on market conditions. The company set up the project in 1994. Since then it has relied on equity funds for financing its expansion projects. Promoters and their associates were alloted 150 crore equity shares on preference basis and ICICI an 3.81 lakh shares in terms of its term loan. Hence its equity base has now swollen to a high of close to Rs 232.6 crore. Due to not encouraging scenario for Newsprint the company is continuing with its plan of changing the product mix to Writing and Printing paper.
OrganisationShree Rama Newsprint Ltd
HeadquartersSurat
IndustryPaper