MoneyWorks4Me

Meuse Kara & Sungrace Mafatlal to set up fully automated marble, granite processing plant

18 Aug 2014 Evaluate

Meuse Kara & Sungrace Mafatlal has acquired a 9 acre land at Vikramghad in state of Maharashtra for setting up first fully automated marble and granite processing plant in India. The total cost of project is Rs 130 crore.

Meuse Kara & Sungrace Mafatlal main line of business is that of manufacturing of Kraft paper (used in making corrugated boxes, Paper Tube / Cone / Core / Match Boxes / Shoe Boxes, Cosmetic Containers etc.) and Duplex Board (used in Gift Boxes / Shoe Boxes / Product Packaging boxes/Food Packaging/ Flat Files).

Peers
Company Name CMP
Bajaj Finserv 1656.00
TVS Holdings 11083.55
Cholamandalam Fin. 1280.70
Altius Telecom Infra 170.00
Kama Holdings 2135.05
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