Scripscan:Kabra Extrusion Technik Ltd
cmp:36
Code:524109
Story:KETL is a cash-rich, debt-free company with a history of strong operating cash flows. Its cash and equivalent investments have grown at a cumulative annualised growth rate (CAGR) of over 35% in the past five years to Rs 42 crore as on March 31, 2011.The company is a leader in India manufacturing machines for the plastic processing industry.The demand for KETL's extrusion machinery to produce plastic pipes and packaging films is growing fast, with the rising plastic consumption in India.According to industry estimates, India consumed 8 million tonne of plastics in 2009, which is expected to double in the next 5-6 years. It is estimated that the plastic processors will have to invest nearly $10 billion over the next 5-6 years to create the necessary plastic processing capacity.The company has embarked upon an expansion plan to gain from this trend. It has embarked upon an investment plan which will more than double its gross block by FY13.The company is also augmenting its product portfolio with new offerings. It is the only company in India manufacturing machinery for window and door profiles.The company posted 235crs of sales and 26crs PAT in fy11.Keep this unique company in your radar which is quoting near its 52week lows.
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.
