Uflex

Discussion in 'Ask A Query About Your Stock Picks And Portfolio' started by ashkot, Apr 7, 2015.

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  1. ashkot

    ashkot New Member

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    Need views/advice on technical and fundamental grounds whether this is a good long-term investment idea, considering packaging is a growth industry and Uflex has presence across the world. Wonder why its languishing.
     
    ashkot, Apr 7, 2015
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  2. Meenakshi Razdan

    Meenakshi Razdan Administrator Staff Member Moderator

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    You are right. Uflex is not a fancied stock. The stock has been forever cheap and has not delivered. I suspect there is a glut in capacity in the polymer/ polyester film industry that uflex is engaged in. Also, the company has a bit of debt in its books. There is also a large contingent liability of Rs. 2300 crore for various guarantees, L/C, show-cause notices etc. It also has a low average ROE of about 9%. These factors appears to have caused the apathy to the stock.
     
    Meenakshi Razdan, Apr 7, 2015
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  3. ashkot

    ashkot New Member

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    Thanks for the insight. Guess one should stay away from it for a while.
     
    ashkot, Apr 7, 2015
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  4. Anita

    Anita Member

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    Uflex Ltd is good stock to invest for long term.
    Eqaxscore[/b] is 93 out of 100.
     
    Anita, Apr 9, 2015
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  5. Meenakshi Razdan

    Meenakshi Razdan Administrator Staff Member Moderator

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    What is the "Eqaxscore"? I have not heard of it before. How do you compute it?
     
    Meenakshi Razdan, Apr 9, 2015
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  6. Anita

    Anita Member

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    Google "EQAXScore", you will find the site which provide ratings to the stock market listed companies.
    EQAXScore is the final score of a company. This is the apex parameter formed by combining all ratings.
     
    Anita, Apr 10, 2015
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