India Investment, Stocks, Credit Card and Retail Forum
Investments in Indian Equity and Research => Equity Investments, Fundamental Research and Sectors Review => SmallCap Stocks India => Topic started by: resh on February 09, 2015, 12:56:38 PM
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Astral Poly Technik is Hot Favorite of India's Best performing hedge Fund Manager Ralph http://in.reuters.com/article/2015/02/06/hedgefunds-india-performance-idINKBN0LA1UY20150206
Kotak Sec has also initiated Coverage with the Following Review and Stock Target Price
We initiate coverage on Astral Poly Technik with a BUY rating and target price of Rs 480, based on 32X FY2017E EPS. We expect the company to continue on its strong earnings growth trajectory—40% CAGR in FY2015-18E—as it gets set to expand its presence in the adhesive and sealants segment, after showcasing an excellent track record in the plastic pipes business delivering 41% CAGR in volumes, revenues and EBITDA and 36% CAGR in PAT in the past seven years