Manjushree Technopack: Re-recommendation for those who have not purchased it
Founded in 1977 by Vimal Kedia, Manjushree started as a small umbrella manufacturing unit in Guwahati, Assam and thereafter in 1984 forayed into manufacturing of flexible plastic packaging. Manjushree came up with its first IPO in 1995 in order to raise funds for establishing its PET bottle manufacturing unit in Bangalore. Today, Manjushree is the largest converter of PET and Preforms in India with an installed capacity of 80,000 MTPA and caters to the packaging needs of a large section of the FMCG fraternity. Besides PET, Manjushree also manufactures Oxygen Barrier Retortable Multilayer and Stretch Blow Moulded bottles - both of which were brought into India for the first time by Manjushree.
Industries Served By Manjushree Technopack:
- Tea & Coffee - Pharmaceuticals - Confectionery - Fruit juices - Aerated Beverages
- Liquor - Sauces & Ketchups - Household cleaners - Pickles - Health Supplements
- Mineral water - Promotional items - Spices
At current market price of 280, it is still undervalued as company's P/E ratio is 14 whereas industry P/E is 23. The EPS of the company is 19.48 which is very good. The company has paid dividend regularly. Recently, the chairman and MD of the company acquired the stock in very huge volumes which is a good sign. Please do your own research before entering this gem :)
Ganesh Ecosphere
Ganesha Ecosphere Ltd. is a widely held Company listed at BSE, engaged in the recycling of post consumer PET bottle waste into Recycled Poyester Staple Fibre (RPSF).
Incorporated in 1987, with an initial installed capacity of 391 TPA and 360 TPA, respectively to produce Dyed & Doubled Yarn, it diversified into the business of PET Recycling in 1995. GESL today, is the largest player in the RPSF industry, with a total installed capacity of 66600 TPA.
The Company has two units located at Kanpur (U.P.) and Rudrapur (Uttarakhand), which consist of latest technology.
As a reflection of our International Quality Standards, GESL holds ISO 9001:2008 certification for the manufacture and supply of RPSF.
Their vision is to become a Global Corporate citizen committed to recycle every PET bottle which is thrown into waste with world class recycling facilities and to create wealth for our stakeholders through conducting business around social and environmental concerns.
At CMP of 75, the stock is really undervalued. The P/E ratio of the company is 5.01 whereas industry P/E is 15 which reflects the undervalueness of the stock. The EPS of the stock is 16 which is at a higher side. They have paid dividend regularly and have performed consistently. Please do your own research before entering this stock.
Founded in 1977 by Vimal Kedia, Manjushree started as a small umbrella manufacturing unit in Guwahati, Assam and thereafter in 1984 forayed into manufacturing of flexible plastic packaging. Manjushree came up with its first IPO in 1995 in order to raise funds for establishing its PET bottle manufacturing unit in Bangalore. Today, Manjushree is the largest converter of PET and Preforms in India with an installed capacity of 80,000 MTPA and caters to the packaging needs of a large section of the FMCG fraternity. Besides PET, Manjushree also manufactures Oxygen Barrier Retortable Multilayer and Stretch Blow Moulded bottles - both of which were brought into India for the first time by Manjushree.
Industries Served By Manjushree Technopack:
- Tea & Coffee - Pharmaceuticals - Confectionery - Fruit juices - Aerated Beverages
- Liquor - Sauces & Ketchups - Household cleaners - Pickles - Health Supplements
- Mineral water - Promotional items - Spices
At current market price of 280, it is still undervalued as company's P/E ratio is 14 whereas industry P/E is 23. The EPS of the company is 19.48 which is very good. The company has paid dividend regularly. Recently, the chairman and MD of the company acquired the stock in very huge volumes which is a good sign. Please do your own research before entering this gem :)
Ganesh Ecosphere
Ganesha Ecosphere Ltd. is a widely held Company listed at BSE, engaged in the recycling of post consumer PET bottle waste into Recycled Poyester Staple Fibre (RPSF).
Incorporated in 1987, with an initial installed capacity of 391 TPA and 360 TPA, respectively to produce Dyed & Doubled Yarn, it diversified into the business of PET Recycling in 1995. GESL today, is the largest player in the RPSF industry, with a total installed capacity of 66600 TPA.
The Company has two units located at Kanpur (U.P.) and Rudrapur (Uttarakhand), which consist of latest technology.
As a reflection of our International Quality Standards, GESL holds ISO 9001:2008 certification for the manufacture and supply of RPSF.
Their vision is to become a Global Corporate citizen committed to recycle every PET bottle which is thrown into waste with world class recycling facilities and to create wealth for our stakeholders through conducting business around social and environmental concerns.
At CMP of 75, the stock is really undervalued. The P/E ratio of the company is 5.01 whereas industry P/E is 15 which reflects the undervalueness of the stock. The EPS of the stock is 16 which is at a higher side. They have paid dividend regularly and have performed consistently. Please do your own research before entering this stock.
Sir,
ReplyDeleteGreat work thank u