Buy Ganesha Ecosphere; target of Rs 474: Joindre Capital

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26 Aug, 2025 12:21

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Joindre Capital's report on Ganesha Ecosphere

Ganesha Ecosphere (GEL), incorporated in 1987, is India‟s largest polyethylene terephthalate (PET) bottle scrap recycling company with a 25% market share,primarily engaged in the production of regenerated polyester staple fibre (RPSF) from waste PET bottles. GEL currently has a cumulative capacity of 97800 TPA (87600 - RPSF (fibre), 7200 TPA – RPSY (yarn) and 3000 TPA - dyed and texturised/twisted filament yarn).

Outlook

Hence we believe that the GEL stock should be purchased at the current price for a price target of around Rs 474 for the next 12 to 18 monthsFor all recommendations report, click here

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