Mold-Tek Packaging Research Report By Mehta Equities

Considering the overall rationales, we believe Mold-Tek Packaging stands out to be the leading player to capture the rising demand of rigid plastic usages in the organised retail space. High replacement market and better utilization of assets gives a good investment opportunity for healthy returns. At the CMP, the stock is trading at a PE(x) valuation 11x FY15EPS of Rs 15.1 and 8x FY16EPS of 21.3. Hence, we recommend to “Accumulate/Buy” with a target price of Rs 280-300 with medium term investment horizon.

Download Mold-Tek Packaging Report By Mehta Equities