Neo Corp is in the Packaging sector. The current market capitalisation
stands at Rs 111.02 crore.The company has reported a consolidated sales
of Rs 261.35 crore and a Net Profit of Rs 10.57 crore for the quarter
ended Jun 2014.
NCIL, since its inception in 1986, is dedicated in making tailor
designed products under Packtech. NCIL reached the status of a
fore-runner internationally as a reliable supplier of Packtech products.
With its current growth initiative, NCIL has entered into other technical textile segments like Geotech and Agrotech.
NCIL is a Public Limited Company with an equity
base of 38.02 million shares. It is listed on the National & Bombay
Stock Exchanges (NSE & BSE) and Bourse de Luxembourg (Luxembourg Stock Exchange).
Its 52 week low is 6.29 and is currently trading at 52 week high. It is a 10 face value stock with P/E of 5.5 and book value of 67.5 now.
Packaging sector itself is well known for its strong growth as depicted by Mold-Tek Packaging and TCPL, Huhtamaki PPL and now next multibagger in this sector is expected to be Neo Corp.
So author is intending to buy this stock worth 5k.