Uflex will see upside

[istockshare79]

Uflex to Gain - Hold Scrip

Packaging companies like Uflex, which is the largest flexible packaging company in India has been a significant part of the flexible packaging industry's growth story. UFLEX a key player and largest Flexible Packaging conglomerate. The companys steps for business expansion and stock performance make it a good stock to hold on to. Looking at such a tremendous performance I am holding on to Uflex for further growth.

Also, recently the Ministry of Commerce and Industry giving an in-principle approval entailing an investment of about Rs 60 crore which will give a further boost to the packaging sector

 

[columbus]

Re: Uflex to Gain - Hold Scrip

Source :NSEGUIDE

 

[istockshare79]

Uflex amongst top companies offering high ROE

The Return on Equity (RoE) is one of the key factors determining whether the company has generated worth for its shareholders. Uflex Ltd., India`s largest flexible packaging company is amongst Economic Times Top 500 companies that have consistently improved shareholder value, offering handsome returns. It ranks 198 in the offering with a whopping 47.6% FY11 ROE.

 

[istockshare79]

Buy Uflex and Hold for Medium Term

The world is coming to India to buy its products and services and India can take pride of place in packaging market, by embracing more technology in the sector. Uflex Ltd is the largest packaging company in India, 5th largest in world...Strong demand is boosting the business to make it top in global market...uflex is a sure shot BUY at current levels and you could hold for 3 months for profit

 

[istockshare79]

Uflex to reach 140

For the six months period ended September 30, 2011, UFlex recorded lower net profit of Rs. 153 crore against Rs. 263 crore in the corresponding period last year stood at Rs. 2244 crore compared to Rs. 1551 crore in the same period in previous fiscal, up by 45%.

Uflex is trading @ 133.90, oscillators indicate sharp upside but only if it manage to sustain 131 mark, I expect it may show 138 - 142 levels in intraday

 

[istockshare79]

In the come 10-15 days the market will take cues from Q3FY12 results, RBI policy, and government reforms, so high beta stocks will witness a strong upward movement..keep holding for returns