Buy Huhtamaki Paper Products, target Rs 325: SMC Research
New Strategic acquisitions, strong market share in fragmented flexible packaging segment, growth in consumer goods, good growth in top line and bottom line with zero debt in the company
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| Updated: SMC Research has recommended a buy on Huhtamaki Paper Products at a target price of Rs 325.
The company is operating at around 75%-80% capacity utilization. A normal capex of around Rs 60 crore is planned for CY 2016.
New Strategic acquisitions, strong market share in fragmented flexible packaging segment, growth in consumer goods, good growth in top line and bottom line with zero debt in the company, strong operating cash flows and strong parent company would further strengthen the financial position.
The company is operating at around 75%-80% capacity utilization. A normal capex of around Rs 60 crore is planned for CY 2016.
New Strategic acquisitions, strong market share in fragmented flexible packaging segment, growth in consumer goods, good growth in top line and bottom line with zero debt in the company, strong operating cash flows and strong parent company would further strengthen the financial position.
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