
Rajshree Polypack bags Rs 3-cr supply order
The order has been awarded by a prominent packaging manufacturer listed on the Indian stock exchanges.
The company is majority-owned by a Finland-based global packaging giant, underscoring its strong international backing and industry presence.
The order is scheduled to be executed by August 2025, or within a timeline mutually agreed upon by the parties, to meet the specified order size.
The promoter, promoter group, and group companies have no interest in the entity that awarded the order. The order does not fall under related party transactions.
As of 5 July 2025, the company's market capitalization stood at Rs 202.06 crore on the NSE.
Rajshree Polypack is engaged in the manufacturing and trading of plastic packaging products.
The company's consolidated net profit surged 79.8% to Rs 3.65 crore on a 29.8% rise in revenue from operations to Rs 90.05 crore in Q4 FY25 over Q4 FY24.
Shares of Rajshree Polypack surged 7.79% to settle at Rs 27.55 on Friday, 4 July 2025.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Hans India
25 minutes ago
- Hans India
Concern over too much money in too few hands
Ranchi: Union minister Nitin Gadkari on Saturday expressed concern over the "rising" number of poor, and said wealth was getting concentrated in the hands of some affluent people. There is a need for decentralisation of wealth, Gadkari said during an event in Nagpur, where he touched upon a range of issues, including agriculture, manufacturing, taxation and public-private partnerships in infrastructure development. "Slowly the number of poor people is increasing and wealth is getting centralised in the hands of some wealthy people. It should not happen," the road transport and highways minister said. The economy must grow in a manner that creates jobs and uplifts rural areas, he said. "We are looking at an economic option that will create jobs and (give a boost to the) growth of the economy. There is a need for decentralisation of wealth, and many changes have happened in that direction," he said. The senior BJP leader also credited former prime ministers P V Narasimha Rao and Manmohan Singh for adopting liberal economic policies but cautioned against unchecked centralisation. "We have to be worried about it," he added. Referring to India's economic structure, he pointed out the imbalance in sectoral contributions to GDP. "Manufacturing contributes 22-24 percent, services 52-54 percent, while agriculture, despite engaging 65-70 percent of the rural population, contributes only around 12 percent," he said. Invoking Swami Vivekananda, Gadkari said, "Philosophy cannot be taught to someone whose stomach is empty." He highlighted the evolving role of chartered accountants, Gadkari said, "CAs can be the growth engines of the economy. Our economy is changing rapidly. It is not only about filing income tax returns and GST submissions." Talking about the infrastructure development, Gadkari highlighted his own initiatives in the transport sector. "I was the one who started the Build-Operate-Transfer system for road construction," he claimed. There is no shortage of funds for road development, he added. Sometimes I say I do not have a fund crunch but I have a shortage of work," Gadkari said. "Now, we earn nearly Rs 55,000 crore through toll booths and in the next two years, our income will go up to Rs 1.40 lakh crore. If we monetise it for the next 15 years, we will have Rs 12 lakh crore. New toll will add more money to our coffers," he said. The minister also spoke about projects aimed at enhancing regional connectivity and investment. "We are constructing a rope of Rs 5,000 crore in Kedarnath. The contractor is ready to spend the amount and give Rs 800 crore royalty to the Union government. When the Uttarakhand government asked us to share the royalty, I asked whether they would also share the loss-making units," he said. On domestic investments, Gadkari said he has raised funds through Infrastructure Investment Trust (InvIT) bonds without foreign assistance. "I am not accepting money from foreign countries like Canada or the US. I will build roads from the money raised from the poor people of the country," he said, adding that the share which was at Rs 100 has now jumped to Rs 160 and people will get nearly 18 to 20 percent returns.


The Print
31 minutes ago
- The Print
X withholds Reuters primary handle in India acting on legal demand
India's Ministry of Information & Broadcasting (I&B), too, has yet to address the restriction through official channels. The news agency, which employs 2,600 journalists across 165 countries, is yet to issue an official statement in response to the restriction. Reuters is the news and media division of the Thomson Reuters Corporation, headquartered in Toronto. New Delhi: At the stroke of the midnight hour on 6 July, the primary and world 'X' handles of the Reuters news agency were 'withheld' in India 'in response to a legal demand'. It is unclear at this time whether the restriction was initiated at the request of a competent Indian court or the government, since more than 30 active secondary Reuters handles on X (formerly Twitter) can still be accessed by users in India. The Reuters news website can still be accessed in India at this time. In previous instances of X restricting access to accounts in India, 'in response to a legal demand', the platform with upwards of 20 million Indian users has issued statements through its Global Government Affairs handle. For instance, on 8 May, 2025, X issued a statement saying it had 'received executive orders from the Indian government' requiring it to 'block over 8,000 accounts in India, subject to potential penalties including significant fines and imprisonment of the company's local employees'. Terms of service of the micro-blogging platform, of which Tesla CEO Elon Musk owns '9.6 percent stake' according to a 2022 Reuters report, say all 'legal requests' are submitted via X's legal request submissions site. Adding, 'Receipt of correspondence by this means does not waive any objections, including the lack of jurisdiction or proper service.' In its statement in May, X had specified that 'orders' received by the Indian government '…include demands to block access in India to accounts belonging to international news organizations and prominent X users'. The 255-word statement went on to say that 'in most cases' the Indian government 'has not specified which posts from an account have violated India's local laws' and, for 'a significant number of accounts, we (X) did not receive any evidence or justification to block the accounts'. Through the statement, the platform Musk acquired in October 2022 also expressed its 'disagreement' with the Indian government's 'demands'. 'Blocking entire accounts is not only unnecessary, it amounts to censorship of existing and future content, and is contrary to the fundamental right of free speech,' it submitted, following up with: 'However, due to legal restrictions, we are unable to publish the executive orders at this time.' This is a developing story (Edited by Amrtansh Arora) Also Read: Govt asked X to take down Oppn posts on Amit Shah's Ambedkar remark, 'fabricated' content on Jay Shah


The Hindu
an hour ago
- The Hindu
The Hindu Morning Digest: July 6, 2025
PM Modi arrives in Brazil for four-day visit including BRICS Summit Prime Minister Narendra Modi has arrived in Brazil on a four-day visit, during which he will participate in the 17th BRICS Summit and undertake a state visit. This is the fourth leg of his five-nation visit. He arrived in Brazil from Argentina, where he held wide-ranging talks with President Javier Milei and agreed to diversify two-way trade and ramp up cooperation in defence, critical minerals, pharmaceutical, energy and mining sectors. During his visit, Mr. Modi will attend the BRICS Summit in Rio de Janeiro on July 6 and 7, followed by a state visit, for which he will travel to Brasilia. It will be the first bilateral visit to the country by an Indian prime minister in nearly six decades. PM Modi, Argentine President Milei agree to diversify bilateral trade basket Prime Minister Narendra Modi and Argentine President Javier Milei on Saturday (July 5, 2025) agreed to diversify India-Argentina trade basket and vowed to expand cooperation in a range of critical areas such as defence, security, energy and minerals. In their wide-ranging talks, the two leaders emphasised on boosting defence cooperation between the two countries as it will serve each other's strategic interests. Over one crore electors submit enumeration forms in Bihar The Election Commission (EC) on Saturday (July 5, 2025) said that the special intensive revision (SIR) is underway in full swing in Bihar. Booth-level officers (BLOs), BLO supervisors, election officials, agents appointed by the political parties and volunteers are working tirelessly at the grassroots level to ensure that no eligible elector is left out, it said. Questions swirl around poll officers' powers to flag citizenship issues As Bihar becomes the first State, at least since 2004, to go for an intensive overhaul of electoral rolls months before the Assembly election, questions swirl around the powers of Electoral Registration Officers (EROs) to report cases of suspected foreign nationals to a 'competent authority'. Israel will send ceasefire negotiating team to Qatar a day before Trump and Netanyahu meet U.S.-led ceasefire efforts in Gaza appeared to gain momentum on Saturday (July 5, 2025) after nearly 21 months of war, as Prime Minister Benjamin Netanyahu 's office said Israel on Sunday (July 6, 2025) will send a negotiating team to talks in Qatar. The statement also asserted that Hamas was seeking 'unacceptable' changes to the proposal. U.S. President Donald Trump has pushed for an agreement and will host Netanyahu at the White House on Monday (July 7, 2025) to discuss a deal. Prove that Forest Rights Act is responsible for 'negative' change to forest cover, Tribal Affairs Ministry tells Environment Ministry A little over six months after the India State of Forest Report (2023) was released, which attributed 'negative' change in forest and tree cover to the implementation of Forest Rights Act (FRA) among other factors, the Tribal Affairs Ministry has asked the Environment Ministry to provide evidence for this claim. Supreme Court notifies quota for OBCs, SCs and STs in direct staff recruitments The Supreme Court has notified amendments in its staff recruitment rules to introduce reservation for the Other Backward Classes (OBCs), along with the Scheduled Castes and Scheduled Tribes. Kolkata law student rape case: Classes to resume at Kolkata's college as probe continues The South Calcutta Law College, where a student was gang-raped on June 25, issued a notice directing only designated staff and students of certain semesters to attend college from July 7, as the investigation into the case continues. Delhi High Court quashes 300 Defence Ministry petitions against disability pension to soldiers The Delhi High Court last week quashed around 300 petitions filed by the Ministry of Defence challenging the grant of disability pensions to soldiers. A Division Bench of Justices Navin Chawla and Shalinder Kaur on July 1 rejected the Union Government's challenge to the orders passed by the Armed Forces Tribunal (AFT), which had ordered to provide disability pensions to the soldiers with disabilities who had approached the tribunal.