ScripScan:Novopan Industries Ltd
code:500310
Cmp:40
Story:Novopan Industries Limited engages in the manufacture and sale of pre-laminated particle boards in India. The company offers melamine fused particle-boards in various thicknesses and sizes for interior and exterior applications, as well as post forming laminates and high abrasion anti-static flooring grade particle boards. It also involves in contract and consultancy services for particle boards.The company distributes its products through dealers and direct sales to original equipment manufacturers.arunthestocksguru.com feels Novopan Industries is another micro-cap company which is expected to record powerful growth and has a promising future.Novopan makes particle boards and other decorative panels as one can see.Demand for particle boards is gradually rising given its cost effectiveness vis-à-vis wood. A booming property market spells a bright future for companies like Novopan.Keep the company in your radar folks.
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