HomeNewsBusinessStocksSupreme Petro looks attractive, says Deepak Shenoy

Supreme Petro looks attractive, says Deepak Shenoy

Deepak Shenoy of Capitalmind.in is of the view that Supreme Petro continues to remain attractive.

May 10, 2016 / 13:26 IST
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Deepak Shenoy of Capitalmind.in told CNBC-TV18, "Couple of smaller cap stocks that we are looking at is, one company is called Supreme Petro which is primarily in the polystyrene space. Some of their expansions are moving into EPS and XPS which are technical terms for just more dense polystyrene. This is used in the infrastructure industry, the insulation industry and this I think has a tremendous potential in India because it can help build roads and houses; at about one tenth time it takes to build them with the regular product that we have right now.""The stock has improved a lot, it has gone up about 60 percent year-on-year but we still believe that at Rs 150 we might still see a Rs 12-15 earnings per share (EPS) in a year or. We believe that it continues to remain attractive," he said.

first published: May 10, 2016 01:23 pm

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