Packaging Sector

Prudent_Investor · #1 23rd October 2010, 11:43 PM

There is increased investor activity in all stocks from the packaging sector.

Quote:

Stocks of India’s flexible packaging companies have gained substantially over the past few months outpacing the broader market by a wide margin. A sudden spurt in global demand has boosted the BOPET film prices, which appears long-lasting. The industry players are expecting a couple of years of supernormal profits ahead of them before the supply finally catches up with the growing demand.

Source.

kris_mar · #2 16th November 2010, 06:53 PM

The shares are falling heavily for the past couple of days due to fall in BOPET film prices from 235 to 205/kg.

Which ones would be the best picks and what are the levels one could get in?

Prudent_Investor · #3 10th January 2011, 03:52 PM

Quote:

Originally Posted by kris_mar

The shares are falling heavily for the past couple of days due to fall in BOPET film prices from 235 to 205/kg.

Seems like the dream run will continue for now despite falling BOPET prices.

Jindal Poly the market leader declared their Q3 numbers with a 89.21% rise in revenue and a massive 534% jump in the net profit for the quarter ended December, 31, 2010.