Buy for 1490 Target with 100 SL
OPackaging stocks have been hammered a lot... with minor Debt Equity ration and good dividend yield results will be better
BOPP and BOPET prices have bottomed out and also Asceptic and Flexible packaging sales are at ATH...
its Enterprise value is as follows
Year FY 23-24
Sales 15,000
EBITDA Margin 13.5%
EBITDA 2,025
EV/E multiple 4
Market Cap 8,100
Debt ...
When FMCG, pharma etc stocks are trading @50 times their current earnings and 10 times their current Market cap...
How can their suppliers from packaging industry stocks trade @just 3 times their current earnings and 0.5 to 1 times their current market cap ??
1. Hubli plant has commenced operation in this quarter which will boost topline growth
2. Good domestic...
NSE:ESTER
10 Month Long Consolidation in range of 125-150 since April 2021.
Double Bottom (Bullish Pattern) at 50% Fibonacci Retracement of previous swing high.
Taking Support on 50Week SMA & Bouncing Back. Long Wicks Formation means Sellers unable to bring the stock down.
Accumulate b/w 136 - 120 as Stock will gain more strength above 140
Targets : 162 - 180...
Mold-Tek Packaging is engaged in the manufacturing of injection-molded containers for lubes, paints, food and other products.
Innovation and Value Addition:
In the early 1990s Mold-Tek pioneered the concept of plastic pails for paints industry, It has introduced plastic containers for lubes industry with value added features like ‘pull-up spout’ and tamper &...
NSE:UFLEX
Breakout above 490 with highest volumes ever.
Target : 706-843-1064
Time frame : 3-12 months
SL : 455
Golden Cross Over very bullish signal
RSI in strong zone.
🍁 boro ltd 🍁
buy @ 181
strict sl 178(risk 3 points)
trgt 195-205-218-254
jackpot (just risk 3 points may be get huge reward)✨✨
just study ,if u r ready to risk 3 points just enter.
lets wait
it's a multibagger one in my view(only my view)
💠forming descending triangle
💠180-79 range acting as a major support and if it fall below that level just exit...
long term looks promising with increased in package foods ....TCPL key vendor for ITC and other FMCG companies.
kanoria family is having good and clean history of business..
Vijay kedia invested in this.
