Rainbow Papers is currently trading at Rs 60.40, up by 0.50 points or 0.83% from its previous closing of Rs 59.90 on the BSE.

The scrip opened at Rs 59.00 and has touched a high and low of Rs 60.95 and Rs. 59.00 respectively. So far 41143 shares were traded on the counter.

The BSE group 'B' stock of face value Rs 2 has touched a 52 week high of Rs 69.20 on 02-Aug-2011 and a 52 week low of Rs 47.40 on 06-Sep-2010.

Last one week high and low of the scrip stood at Rs 60.95 and Rs 57.05 respectively. The current market cap of the company is Rs. 546.39 crore.

The promoters holding in the company stood at 29.76% while Institutions and Non-Institutions held 1.61% and 31.45% respectively.

Rainbow Papers has been awarded first position in importers category and third position in exporter’s category by Container Corporation of India (CCI) for the year 2010-11. Recently, Rainbow Papers as a part of its corporate social responsibility (CSR) activities, had initiated to set up ‘Rainbow Institute of Technology & Research’ for imparting practical training in the field of manufacturing of paper, generation of power and other allied matters. The company had received board approval for the same at its meeting held on August 08, 2011.

Rainbow Papers is into manufacturing of paper and paper products, coated paper, crepe paper and produces almost 186 varieties of paper that cater to the diverse segments of the Indian as well as overseas usage market. The company exports its products to various countries in the US, Middle East, South Africa, South East Asia and UK