Moneycontrol Be a Pro
Get App
Last Updated : Nov 20, 2018 04:25 PM IST | Source: Moneycontrol.com

Hold Polyplex Corporation; target of Rs 672: Dalmia Securities

Dalmia Securities recommended hold rating on Polyplex Corporation with a target price of Rs 672 in its research report dated November 15, 2018.

Broker Research @moneycontrolcom
 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

Dalmia Securities' research report on Polyplex Corporation


Polyplex Corporation Ltd (PCL) is one of the world's largest manufacturers of thin Polyethylene Terephthalate (PET) film catering to Packaging, Industrial, Electrical & Imaging industry through its state-of-the-art manufacturing plants and distribution facilities in India, Thailand, Turkey and the US with a global market share of ~5% in the thin PET film. PCL has a capacity of 186,000 MT of thin PET film and 28,800 MT of thick PET film which forms majority of the capacity.


Outlook


We recommend a Hold on PCL with target price of INR 672, valuing the stock at 3x EV/EBITDA.


For all recommendations report, click here


Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.




The Great Diwali Discount!
Unlock 75% more savings this festive season. Get Moneycontrol Pro for a year for Rs 289 only.
Coupon code: DIWALI. Offer valid till 10th November, 2019 .
First Published on Nov 20, 2018 04:25 pm
Loading...
Sections
Follow us on
Available On
PCI DSS Compliant