We remain BULLISH on Polyester Film Sector, our preffered pick in the sector is POLYPLEX CORPORATION (BSE Code: 524051) As per the information from industry sources that the PET film prices have further increased by Rs.20-25/kg with effect from 1st September 2010. So the output price of the PET film are revised in range of Rs.170-175/kg against Rs.145-150/kg(last updated in our attached report which was sent last week). We expect that this hike in prices would further boost the topline & bottomline in September 2010 Quarter partly and fully in December 2010 Quarter. The earning which we have estimated in last update, may get further boost. Safe Harbor Statement: Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints. Nothing in this article is, or should be construed as, investment advice. |
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INVESTMENTS IN INDIA
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http://in.groups.yahoo.com/group/investwise/
INVESTMENTS IN INDIA
We are low-risk, long-term investors.
Stocks, mutual funds and the entire investment gamut. Only financing/investment avenues in India will be discussed.
For any assistance, questions or improvement ideas, contact investwise-owner@yahoogroups.co.in
****************************************************************
NEW! ==== Check our LINKS and FILES sections for a world of information. REGULARLY UPDATED.
NEW! ==== Check "Tracklist" in Links and Files sections for Investment Ideas.
****************************************************************
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