Scripscan:Lippi Systems Ltd
BSE code: 526604
cmp:8
Story:Lippi Systems Ltd is basically engaged in the manufacturing of RotogravureCylinders by Digital Engraving Process for Packaging,Decorative i.e. Laminates & other gravure printing industries.Rotogravure printing process is widely employed by Convertors in India and of course abroad for Decorative & Packaging Laminates.There is a tremendous opportunity available to the Company for its development.The demand for Electronically Engraved Cylinders is increasing day by day.Upgradation of Technology is done by the Company in order to become morecompetitive.Increase in capacity of engraving and manufacturing cylinders for laminates. Marketing and Pre-press division at various places to cater to the needs of the customer.Continuous improvement in quality of its cylinders.All these developments are expected to push up the sales and profits of the company in the coming years.It has already shown strong consistency over the last 5 years and is expected to maintain the same trend going forward.Though it suffers from low liquidity but at rs 5crore marketcap theres hardly anything to loose.With retail"s much penchant tilted towards the penny and micro caps,Lippy may well be worth a look.Keep it in your radar folks.
Tuesday, December 22, 2009
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