Rishi Techtex Ltd.

NSE: RISHIPACK | BSE: 523021 | ISIN: INE989D01010 | Industry: Containers & Packaging
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52.0000 0.00 (0.00%)
BSE Mar 20, 2025 15:40 PM
Volume: 163
 

Rishi Techtex Ltd.
Rishi Techtex Ltd.
30 Jun 2017
Rishi Techtex delivers over 200%+ returns for investor Dheeraj Kumar Lohia

Among the investments in large investor Dheeraj Kumar Lohia's portfolio, textile bags company Rishi Techtex is one of the standouts, with a 254% increase in share price over the last one year. Mr. Lohia has invested Rs. 92 lakhs in the company, holding 1.88%.

Rishi Techtex had delivered respectable results in the most recent quarter. Net profit of Rishi Techtex rose 10.14% to Rs 0.76 crore in the quarter ended March 2017, compared to Rs 0.69 crore for the same quarter last year. Sales declined 12.29% to Rs 14.42 crore in the quarter ended March 2017 as against Rs 16.44 crore for the same quarter in FY'16.

For the full year, the company's net profit rose 36.57% to Rs 2.39 crore YoY. The company in addition to textile bags also provides shades and coverings for farms, greenhouses as well as for temporary warehousing and storage. 

Rishi Techtex Ltd. is trading below its 50 day SMA of 52.3
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