1)Scripscan:Uniply Industries Ltd
code:532646
cmp:14
Story:This is another company that is riding the construction and infrastructure boom. Uniply Industries is into veneers, plywood and panel products, demand for which primarily comes from the construction and infrastructure sector. The company raised Rs 12 crore from the primary market some years ago to finance capacity expansion. Over the past five months, the stock has been one of the better performer among the companies I track.Despite moderate sales growth, the market interest in the stock has been tremendous. Uniply caters to the construction industry, which has been booming for quite some time now. The plywood industry is fragmented and unorganised. But there is a rising demand for more standardised and branded products.The company has been able to reduce its loss considerably over the last year and hopes to be back in green in the present fiscal.Promoters too are busy hiking their stake in the company through open market purchases offlate. So would you like to buy it?May worth a punt at lower levels.
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Friday, December 24, 2010
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