Here are six packaging industry stocks you can bet on

Smaller packaging companies, including Ecoplast, Gopala Polyplast, Hindustan Adhesives, Polyspin Exports, AMD Industries and Shree Rama Multi-Tech, have rallied between 20% and 40% since October 1 as against a 1% gain in the Sensex. This at a time when the industry was preparing to work overtime to cater to the huge demand from ecommerce firms, FMCG and F&B companies ahead of the festival season. Analysts, however, say investors should be cautious on the smaller players as most of them are fundamentally weak.

"No doubt that the Indian packaging industry is growing at a much faster pace on the back of increased demand from ecommerce industry, growth in processed food and rising demand from organised retail sector," said Deven Choksey, managing director at KR Choksey Financial Services. "But investors should be careful while investing in packaging stocks as many of them have run up sharply ahead of the festive seasons without any fundamental on it."

For investors keen on packaging stocks, ET has compiled a list of six names on the recommendation of analysts.