bahis siteleri

ortaköy escort

Browsed by
Month: August 2018

Strong Investment Pick: Finolex Industries (BSE: 500940)

Strong Investment Pick: Finolex Industries (BSE: 500940)

Strong Investment Pick: Buy Finolex Industries (BSE: 500940) at CMP of Rs. 621 and add more on the decline with the potential upside of ~44% in the coming 2.5-3 years. Company having a strong distribution network of 500+ distributors, 1500 sub dealers and 18000 retail touch points, focus on expanding revenue in the northern and eastern regions, backward integration for PVC Resin which help to optimize cost, capacity expansion plan for PVC pipes to 3,70,000 MT p.a. by end of FY19, adopted cash-n-carry business model which helped the company to lower down receivable days and cash conversion cycle and tie up with Lubrizol Corporation for CPVC pipes. Government initiative for the rural water & sanitation, smart cities, Awas scheme will provide advantage for the future growth of the company. A detailed research report will be available within 5 days.

 

Further, Contact: Tejas / Jimit  – 0261-6725513/5514