Paper Products Ltd

[rmani84]

CMP: 77

Paper Products makes paper products and packages, including a range of cartons and packing systems. The company also makes cellulose, polyethylene and plastic films and metal foils.

Paper Products is a good buy in small-cap space. Its currently trading at a P/E of little less than 10 with excellent dividend yields of close to 3% in the last 12 months. Minimal liabilities. Revenues have risen steadily from 570 Crores to 710 Crores in the last 4 years. Profits have grown more from 28 Crores to 48 Crores in the same period. NPM has risen smartly from 5% to close to 7% over 4 years. Buy for long term gains.

[rmani84]

Kotak has been given a mandate by Foreign Promoters of Paper Products to buy 30 Lakh (5%) of shares on their behalf

Promoters of Paper Products currently holds 63%