Manaksia Ltd Containers & Packaging @65

Hi Guys !!




Good to see you again !.




Here is next bet on this good fundamental stock , which is undervalues in many factors like P/B ratio , dividend payout , debt to equity ratio and many more ...




Company profile :-




Basically company is manufacture of packaging products (crowns, closures and metal containers), metal products and fast moving consumer goods, among others. The company has having 15 manufacturing plants in India and three abroad, two in Nigeria and one in Ghana. Mr. Basant Kumar Agrawal and Suresh Kumar Agrawal are promoted the company.


For more info about this company here is the site you can go there and get the product details .


http://www.manaksia.com/



Target : -


I would recommend this stock to buy @50-55 and my targets may hit 100 in six months .

MANAKSIA LTD - FINANCIAL RESULTS

PARTICULARS ( CR)	DEC 2016	DEC 2015	% CHG
NET SALES	228.6	246.63	-7.31
OTHER INCOME	2.13	0.91	134.07
TOTAL INCOME	230.73	247.53	-6.79
TOTAL EXPENSES	177.85	210.05	-15.33
OPERATING PROFIT	52.88	37.49	41.05
NET PROFIT	25.82	16.72	54.43
EQUITY CAPITAL	13.11	13.11	-

Please share your feed back about my analysis and i will prefer investing in any of my recommended stock as SIP(systematic investment plan) as monthly or weekly instead of in one go investment because if any global cues affect the market so this can adverse impact on the stock and increase the investment risk.