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Manjushree Technopack Ltd, the Bangalore-based specialty plastic packaging solutions provider, is set to double its manufacturing capacity of PET bottles and pre-forms to 65,000 tonnes per annum for an investment of Rs 140 crore. Presently, the company manufactures 30,000 tonnes per annum in its two plants at Bangalore and it will be further enhanced to 36,000 tonnes per annum by December this year.

The company has been allotted 15 acres land at Bidadi and 10 acres at Harohalli near Bangalore by the Karnataka Industrial Area Development Board (KIADB) and it would be investing Rs 80 crore on Bidadi plant and Rs 60 crore for the Harohalli unit. The company plans to raise Rs 100 crore by way of debt from its existing financier State Bank of India, while the remaining Rs 40 crore will be secured from the internal accruals. It is eyeing sales of Rs 200 crore during 2010-11, a growth of 29 per cent over last year.crackcrack
Peers
Company Name CMP
Supreme Industries 3479.70
Astral 1507.00
Finolex Inds 172.90
Nilkamal 1270.00
Jain Irrigation Sys 31.05
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About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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