Garware Polyester Ltd was recommended at 49rs nine months ago.In a matter of few months it has moved on to a level of 256rs providing a staggering 520% return.Check the link if you missed the previous story:-
http://www.arunthestocksguru.com/2010/01/garware-polyester-ltdbuysellholdgrowth.html
Scripscan:Garware Polyester Ltd
Code: 500655
cmp:49
Story:Garware Polyester Limited produces polyester films in India. It principally offers plain polyester films that are used in food packing applications; labels, tickets, stationery, security and access cards, and general printing; metallising, stamping foil, labels, casting, release application, and thermal lamination; montage base and static protection; reprographics, overhead projection labels and photo sensitive coatings; electrical insulation, cable insulation, and general purpose applications; packaging, lamination, and metallising; for metal adhesion; and lidding application. The company’s other products include sun control film, an UV stabilised dyed polyester based film, designed to provide comfort from solar radiation; overhead projection transparency film used as presentation medium on overhead projectors; tracing and drafting film, a lacquered polyester film suitable for manual drawings (on boards), as well as pen plotter drawings; and metallized polyester film for packaging, printing and lamination, as well as for metallic yarn suitable for dyeing and knitting. Garware also operates in the United Kingdom, the United States, China, Brazil, and Australia.Company is likely to finalise sale of its Mumbai property for Rs 280 crs in next few weeks. In fact, now company may get much higher price as recently,Bandra Kurla Complex has witnessed rise in land prices. Scrip is being accumuated by knowledgeable investors. Value of property sale alone will work out to Rs 130/ per share. A leading BSE broker has reportedly cornered big chunk of its shares with price target of Rs 60-70/ in less than 9-12 months.
Latest update:Even now people are talking about 500rs target.But am not gonna speak much about that.Enjoy the 5 bagger folks.
Search This Blog(Over 800 companies covered in the blog).
Archives : Old artciles
Thursday, September 30, 2010
Important Disclaimer&Privacy policy
This blog does not share personal information with third parties nor do we store any information about your visit to this blog other than to analyze and optimize your content and reading experience through the use of cookies.You can turn off the use of cookies at anytime by changing your specific browser settings.This privacy policy is subject to change without notice and was last updated on 20.3.2013. If you have any questions, feel free to contact me directly here: arunsharemarket@gmail.com
Investment in equity shares has its own risks.Sincere efforts have been made to present the right investment perspective.The information contained herein is based on analysis and up on sources that I consider reliable. I,however,do not vouch for the accuracy or the completeness thereof.This material is for personal information and am not responsible for any loss incurred based upon it & take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations above.The stock price projections shown are not necessarily indicative of future price performance.The information herein, together with all estimates and forecasts, can change without notice.
