Credit rating agency, CRISIL Research has maintained fundamental grade of 3/5 to Rainbow Papers. The rating agency has also assigned valuation grade of 4/5 to the company.
The company is expected to fund the capex of Rs 630 crore through debt of Rs 380 crore and equity infusion of Rs 73 crore from the promoter. Rest of the capex will be funded through internal accruals.
Rainbow today is one of the fastest growing corporations in the Indian paper industry. The company offers a plethora of world class products ranging from duplex to file board, from writing paper to art card and from packaging and electric grade crepe to decorative tissues crepe, have given them a good recognition amongst their users whose thirst for better and new products.
Company Name | CMP |
---|---|
JK Paper | 430.00 |
TN Newsprints | 262.80 |
West Coast Paper | 632.15 |
Emami Paper Mills | 114.55 |
Andhra Paper | 529.85 |
View more.. |