This stock PREMIER PLYFILM basically belongs to PLASTICS sector and after our view few months back, It has shown very good set of results.
They are one of the leading manufacturer and exporter of Calendared PVC
products. Their range products include PVC Flooring, PVC Sheeting, PVC
Flexible Film, Calendared Leather cloth, PVC Geo-membrane, PVC Recycled
Compounds, PVC made-ups, Bolted Steel Storage Tanks, High voltage
Insulated Mats etc.
The growth in the stock is firm and when we recommended this stock, it was trading at 14.25. Now at this juncture after seeing very promising results. We have updated our view from riskier to safer bet and we are expecting it to cross 30 in medium term. Although long term target is 70 on this counter.
Disclaimer: Please use your own sense of mind before investing in any of our reco.