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CARE Equity Research maintains fundamental grade of 4/5 to Responsive Industries

04 Jul 2014 Evaluate

CARE Equity Research has maintained a fundamental grade of 4/5 to Responsive Industries. This indicates very good fundamentals. The grading factors in the company’s presence in the niche PVC-based products such as PVC flooring, PVC leather cloth, PVC rigid blister films and PVC soft-sheeting that find application in various industries.

The credit rating agency has also maintained a valuation grade of 4/5 for the company, indicating that equity shares have considerable upside potential.

Responsive Industries, established in the year 1996, has come a long way and has firmly rooted itself as one of the most sought after manufacturer, exporter and supplier of PVC polymer based products like PVC floorings & printed tiles.

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