Monday, October 19, 2015
Jauss Polymers:(526001) : Buy at CMP of Rs 17-20 >>>A turning around company could deliver 100% return in 1 year
Jauss is one of the oldest manufacturer of pet bottles and jar manufacturer. Company Manufactures Variety Of Bottles &Wide Mouth Jars Of Pet .It has manufacturing facility in Baddi major client is Wrigley .
Financial performance: Company has delivered excellent quarterly results for June-2015 with quarterly EPS of Rs 2.29.The top line has grown by more then 90% versus Q-1-2014-15 ,
Promoters of" Innovative Tech pack" have increased there stake in Q-2 by 52% that shows there confidence in future of the company and going forward it may get merged with "Innovative tech pack another listed company whose stock price for FV Rs 1 share is Rs 37.
Share price of Jauss polymer could see re rating once merges with innovative Tech Pack.
Long term investors could buy this illiquid value stock for 100% returns in 1 year.
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