Credit rating agency, CRISIL Research has maintained fundamental grade of 4/5 to Supreme Industries as the company is expected to maintain its dominant position in the plastic processing industry. The rating agency has also assigned valuation grade is 3/5 to the company.
Recently, the company has announced that it is planning a capital expenditure of Rs 250 crore for FY14 to put up a plastic piping system and protective packaging system at Kharagpur in West Bengal. The capex will also include the purchase of office premises at Delhi, Ernakulam, Hyderabad, Kolkata, Chennai and Indore besides other investments.
Supreme Industries, incorporated in 1942, manufactures a wide range of polymers products. It offers a wide and comprehensive range of plastic products and operates in various segments including plastics piping systems, protective packaging products, industrial components, material handling systems and cross laminated polyethylene films.
| Company Name | CMP |
|---|---|
| Supreme Industries | 3705.80 |
| Astral | 1612.85 |
| Finolex Inds | 174.70 |
| Nilkamal | 1320.05 |
| Jain Irrigation Sys | 33.05 |
| View more.. | |
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