Mold-Tek Packaging - Spreading Its Wings: Nirmal Bang

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..Nirmal Bang Report.We attended the annual general meeting of Mold-Tek Packaging Ltd. The most important takeaway from the meeting was the announcement of project injection blow moulding, which is essentially a foray into regulated pharma, cosmetics, domestic pharma and nutraceuticals segments over the next few years. Mold-Tek Packaging is entering into the injection blow moulding technology. Total capex requirement for this project is ~Rs 500 million for the next two years. This opens up a huge opportunity for the company in our view, as the addressable market for these segments is ~Rs 50 billion, as per management. Regulated pharma segment will take reasonable time to scale up as it involves DMF filings and U.S. Food and Drug Administration approvals etc.. Click on the attachment to read the full report: .DISCLAIMERThis 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.

Mold-Tek Packaging - Spreading Its Wings: Nirmal Bang

Mold-Tek Packaging - Spreading Its Wings: Nirmal Bang

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