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Cosmo Films – BUY

BSE Code : 508814
Company is one of the dominant players in the Bi-axially Oriented Polypropylene Films (BOPP) market in India with
approx 23% market share and also one of the lowest cost producers of BOPP films in the world. Post this acquisition, company has emerged as the global leader in thermal lamination segment. Known for its strong manufacturing capabilities and global network, company is expected to turnaround the GBC business going forward which will give a huge fillip to  its bottomline. Financially on a standalone basis, for the first three quarters company has registered sales of Rs 550 cr and PAT of Rs 34 cr. So accordingly for entire FY10, it is expected to report revenue of Rs 725 cr and PAT of Rs 42 cr i.e. EPS of Rs 22 on equity of Rs 19.40 cr. Keep accumulating at declines and hold it for at least 2 to 3 years to get the maximum benefit.

This entry was posted on Monday, May 3rd, 2010 at 5:18 pm and is filed under Stocks To Watch. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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