Mold-Tek Packaging Q1 Review - Robust Growth In Challenging Times: Prabhudas Lilladher
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Prabhudas Lilladher Report
We are increasing our sales and earnings per share of Mold-Tek Packaging Ltd. for FY22/23 by 1%/4% and 1%/4.3% respectively on the back of-
increased volume growth due to continued momentum in the paint sector and sequential recover in fast moving consumer goods and
better realisations due to pick up in sales of pump and increase n contribution of In-mould labelling products.
We believe that increase in capacity (paints – at Vizag, Mysuru and Uttar Pradesh and food and FMCG at Hyderabad), ramp up of pump capacity, addition of new segments (detergents, dates, nutrition powder, agronutrients) and acceptance of new launches like QR coded IML products will help increase Mold-Tek Packaging's market share from new and existing clients.
Click on the attachment to read the full report:
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.