Mold-Tek Technologies Ltd at Rs 67/-.
Fundamentals of the company connected with plastic sector is improving. Company has earned net profit of Rs. 5.5 crores from the gross revenue of Rs.34 crores during second quarter of FY 2008-09. EPS of the company is Rs. 11.81 and book value is Rs. 31.32.
Company has successfully signed contract with two companies for KPO.Now company is creating separate company for plastic business. Stock quote at PE of 5.67 is expected to cross the three digit mark in short to medium term. For implementation of scheme of de-merger company has fixed the date of 25 to 27 September for book closure. 52 week high is Rs. 195 and low is Rs. 65. At present the stock quotes at bottom price. Sharekhan has given buy call in the scrip with target price of Rs. 170.I have recommended this scrip to my PAID MEMBERS from time to time.
DISCLAIMER
All the advises,calls,tips and predictions are neither an offer nor a solicitation to purchase or sell securities.The information and views given by writer is believed to be reliable but no responsibility (liability) is accepted for error of facts and opinion.Writer may be trading in or having positions in stock markets.
Company has successfully signed contract with two companies for KPO.Now company is creating separate company for plastic business. Stock quote at PE of 5.67 is expected to cross the three digit mark in short to medium term. For implementation of scheme of de-merger company has fixed the date of 25 to 27 September for book closure. 52 week high is Rs. 195 and low is Rs. 65. At present the stock quotes at bottom price. Sharekhan has given buy call in the scrip with target price of Rs. 170.
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