Parekh Aluminex is India's largest manufacturer and exporter of Aluminum Foil Containers (AFC). They are emerging as the leading name in AFCs in the entire sub-continent, being the first Indian company to receive ISO 9001:2000 certification from BVQI, UK. It is almost monopoly in its segment.
Company is growing at a rate of almost 50% on year on year basis. The same is expected for next few years. Revenues are expected to touch 600 crores.
It is available below book price and its PE is also attractive.
Parekh Aluminex also list under Forbes 'Best Under A Billion' company.
It can be bought at current price with a target of above 200.
Saturday, January 9, 2010
Parekh Aluminex
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2 comments:
Your Parekh Aluminex recommendation did really well... waiting for similar ideas!! :)
Sounds like a very interesting company.
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