They do have injection molding products but they yet to have IML that is “In-mold Lable”.
As per my view going for expansion as big as net block that too in other field is madness, they should have go slow with expansion of Olive Ecopack products like 30-40cr project, that would have given me some comfort.
If they had gone for IML capacity rather than expansion in Olive Ecopack, then I would have more bullish.
These are my views/concerns.
Disc: Not invested
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