Monday, May 9, 2016

STAR PAPER MILLS LIMITED :- SHINING STAR

Dear friends,


 Today we are looking into paper products segment stocks for medium to long term investments,


                


S tar Paper Mills Limited established in 1938,  is an integrated Pulp and Paper Mill. Starting with 6000 MT/annum, it has come a long way and produced of 72000 MT in 2008-09. It produces a wide range of Industrial, Packaging and Cultural Papers catering to almost all segments of the Consumers. Star has a distribution network throughout the Country. 


The company is a part of Duncan Goenka Group.


The Mill located at Saharanpur, U.P., has 4 Paper Machines producing a wide Range of Products catering to different segments and meeting varied requirements of the customers. 

Star paper mills major client includes   Hindustan Unilever, Eveready,Century laminations and Green Play.

 

   Promoter holding 53% stake in company, Star paper mill posted good set of  9 month results  net profit 11.25 cr and sales 199 cr sales, expected give better results in full year 2015-16.Book value around 30, EPS forward 11 stock trading @ just 3.5 times PE ,sector PE around 17, this stock trading very low PE , investors take advantages for this stock for medium to long term view , now market are more focus on recently good results given this sector stocks.


Stock trading both NSE and BSE @ 37 level, investor can buy this stock@ current price and hold for good return, this is low risk high return stock.


Before buying any stock take advice from certified persons.


Disclosure:- I am holding this stock in my portfolio.


 




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