TPL Plastech Ltd
C&H Pattern in Making: Yrly Basis
C&H / 5 Yr Price Trendline BreakOut: 18% Upside Needed / Sustained.
Weakness in Vol. / BuiltUp & BreakOut Needed
*With Upside, Trail SL*
*Book Profit as per Risk Appetite*
*Snapshot*
Estab. in ’92; 75% Stake held by Time Technoplast. Engaged in Mfg. Polymer based industrial packaging products like Drums / Jerry cans. For industries: Chemicals (Petro / Specialty), Plasticizers, Pharma, FMCG, etc.
250+ customers. Capacity of 28,000 MTPA / 6 Mfg. Units.
Growing Sales/ Profitability Qtrly/Yrly Basis.
Growing TNW / Moderate Leverage.
Low Contingent Lia.: Rs.1 Cr.
Stable RoA/ RoE/RoCE.
*Concern:*
Sharp fluctuations in polymer prices.
WC intensive nature.
*Do Your Own Research as Well. This is Just an Opinion.*
Happy Investing :)
C&H Pattern in Making: Yrly Basis
C&H / 5 Yr Price Trendline BreakOut: 18% Upside Needed / Sustained.
Weakness in Vol. / BuiltUp & BreakOut Needed
*With Upside, Trail SL*
*Book Profit as per Risk Appetite*
*Snapshot*
Estab. in ’92; 75% Stake held by Time Technoplast. Engaged in Mfg. Polymer based industrial packaging products like Drums / Jerry cans. For industries: Chemicals (Petro / Specialty), Plasticizers, Pharma, FMCG, etc.
250+ customers. Capacity of 28,000 MTPA / 6 Mfg. Units.
Growing Sales/ Profitability Qtrly/Yrly Basis.
Growing TNW / Moderate Leverage.
Low Contingent Lia.: Rs.1 Cr.
Stable RoA/ RoE/RoCE.
*Concern:*
Sharp fluctuations in polymer prices.
WC intensive nature.
*Do Your Own Research as Well. This is Just an Opinion.*
Happy Investing :)