Dear friends, as we have seen previously packaging sector is most of the time is giving good returns. This time we have come across another packaging stock "Kanpur Plastipacks". The current market capitalisation stands at Rs 113.34 crore.It is listed on the BSE with a BSE Code of 507779.
Its Registered office is at D 19-20, Panki Industrial Area, P O Udyog Nagar, Kanpur,Uttar Pradesh - 208022.
The company management includes Mahesh Swarup Agarwal - Chairman Emeritus, Manoj Agarwal - Managing Director, Sunil Mehta - Whole Time Director, Shashank Agarwal - Whole Time Director, Soubhagya Mal Jain - Independent Director, Pradeep Kumar Goenka - Independent Director, Prem S Khamesra - Independent Director, Subodh Kumar - Independent Director, Ram Gopal Bagla - Independent Director, Usha Agarwal - Woman Director.
They are the manufacturers of Flexible Intermediate Bulk Containers , also known as Bulk Bags, Big Bags, Jumbo Bags for industrial and bulk transportation of cement, food grains, chemicals, fertilizers, pharmaceuticals and such material. For Over Twenty years they are doing exports all over the world. The company ISO 22000 certified for Food Grade and Clean room bags they are one of the few ones who offer a full range of products and services under one roof. Their FIBC’s and big bags division is doing over 5 million bags per annum and has an installed capacity for over 7 Million bags.
Recently KANPUR PLASTIPACKS have produced very positive results increasing their profits to about 180% QOQ as compared to last year while about 260% as compared to last quarter.
Detailed financial reports can be seen at
www.moneycontrol.com/stocks/reports/kanpur-plast-financial-results-for-june-30-2015-standalone-1482101.html
It seems to be a fundamental change in the company and we are expecting it to grow at higher rate from here. Our expected target for this stock in short term is 210.
Please use your own mind before investing..! Happy Investing
Its Registered office is at D 19-20, Panki Industrial Area, P O Udyog Nagar, Kanpur,Uttar Pradesh - 208022.
The company management includes Mahesh Swarup Agarwal - Chairman Emeritus, Manoj Agarwal - Managing Director, Sunil Mehta - Whole Time Director, Shashank Agarwal - Whole Time Director, Soubhagya Mal Jain - Independent Director, Pradeep Kumar Goenka - Independent Director, Prem S Khamesra - Independent Director, Subodh Kumar - Independent Director, Ram Gopal Bagla - Independent Director, Usha Agarwal - Woman Director.
They are the manufacturers of Flexible Intermediate Bulk Containers , also known as Bulk Bags, Big Bags, Jumbo Bags for industrial and bulk transportation of cement, food grains, chemicals, fertilizers, pharmaceuticals and such material. For Over Twenty years they are doing exports all over the world. The company ISO 22000 certified for Food Grade and Clean room bags they are one of the few ones who offer a full range of products and services under one roof. Their FIBC’s and big bags division is doing over 5 million bags per annum and has an installed capacity for over 7 Million bags.
Recently KANPUR PLASTIPACKS have produced very positive results increasing their profits to about 180% QOQ as compared to last year while about 260% as compared to last quarter.
Detailed financial reports can be seen at
www.moneycontrol.com/stocks/reports/kanpur-plast-financial-results-for-june-30-2015-standalone-1482101.html
It seems to be a fundamental change in the company and we are expecting it to grow at higher rate from here. Our expected target for this stock in short term is 210.
Please use your own mind before investing..! Happy Investing
