Buy Jindal Poly Films, target Rs 440: Shrikant Chouhan

Buy Jindal Poly Films at a price target of Rs 440 and a stop loss at Rs 405 from entry point.

Shrikant Chouhan of Kotak Securities Limited has a buy call on Jindal Poly Films with a target price of Rs 440.

The current market price of Jindal Poly Films is Rs 413.85.

Time period given by the analyst is intraday when Jindal Poly Films price can reach defined target.

Shrikant Chouhan recommended to keep a stop loss at Rs 405.

Jindal Poly Films, incorporated in the year 1974, is a Small Cap company (having a market cap of Rs 1,812.10 Crore) operating in Packaging sector.

Jindal Poly Films key Products/Revenue Segments include Packaging Film which contributed Rs 2,603.24 Crore to Sales Value (95.34 per cent of Total Sales), Photographic Products which contributed Rs 125.18 Crore to Sales Value (4.58 per cent of Total Sales), Duty Drawback which contributed Rs 1.74 Crore to Sales Value (0.06 per cent of Total Sales), Sale of services which contributed Rs 0.10 Crore to Sales Value for the year ending 31-Mar-2017.
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The company’s top management includes Mr.P Uma Shankar, Mr.R K Pandey, Mr.Sanjay Digambar Kapote, Mr.Sunil Kumar Agarwal, Mr.Suresh Dattatraya Gosavi, Ms.Shakshi Gupta.

Company has Kanodia Sanyal & Associates as its auditors.

As on 30-09-2017, the company has a total of 43,786,413 shares outstanding.
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