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Thursday, June 16, 2016
GENUS PAPER & BOARDS LTD :- BUY
Today we are discussing stock from paper sector stock for short to medium term investments,
Genus Paper & Boards Ltd
The Company belongs to the reputed & progressive Kailash Group of
Companies. The Registered Office cum Works of the Company is situated at
Village Aghwanpur, Kanth Road, Moradabad-244504, Uttar Pradesh. The
Company’s main products are Kraft Paper and M. S. Ingot.
At present, the Company is having two paper plants within the
factory premises. One Waste Paper Based for manufacturing of Multi
Layered Kraft Paper. The paper manufactured in this plant is of High
Tear Factor (TF), High Burst Factor (BF) i.e. 25+, 28+, 30+, 32+ and 35+
with GSM ranging from 80-450.
The second is also waste paper based for manufacturing of Kraft
Paper. The paper manufactured in this plant is of 22+ BF with GSM
ranging from 120-220.
Kraft Paper is classified as industrial paper and is used by
packaging industry in making corrugated boxes and liners, corrugated
sacks and composite containers. Demand of Kraft paper is related to
industrial growth and exports.
Ultimate use of ingots goes in Housing & Infrastructure sector,
which have grown tremendously in the past few years and significant
growth is expected in the coming years with growing population (and
demand for housing) as well as due to priority being accorded to
Genus Paper is a low debt high net worth company with a well structured
business model and in hands of management with excellent skills. Promoter holding 50.48% stake in company , Genus paper posted 315 cr top line and 4.75cr bottom line, company's book value 12.15 stock trading 60% low of book value, investor high risk taker can buy @ current price for good return.Stock trading both NSE and BSE @ 4.20 level .
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