Is polyplex good investment?
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Is polyplex good investment?
The global BOPET cycle has turned around with a slowdown in capacity additions as against a growth of 7-8 per cent in demand.
Why is polyplex stock increasing?
“The demand for such packaging materials has increased exponentially after the covid-19 pandemic started. This is driving the company’s sales up rapidly,” said the first person. Polyplex, which has appointed Goldman Sachs to look for buyers, supplies its products across 75 countries.
What does polyplex company do?
Polyplex (BSE: 524051)(NSE: POLYPLEX) is an Indian Multinational company which manufactures Biaxially Oriented Polyester (BOPET) Film for packaging, electrical and other industrial applications.
What are the products of Polyplex Corporation?
The key product line of Polyplex continues to be its Sarafil range of BOPET, BOPP, Blown and CPP films which is the mainstream business of Polyplex. With manufacturing plants across six different locations; Polyplex is among the top five global producers and plastic film manufacturers of thin PET films.
Shares in Polyplex are currently trading at ₹1777.1 and the price has moved by 0.175k\% over the past 365 days. In terms of relative price strength – which takes into account the overall market trend – the Polyplex price has moved by 80.92\% over the past year. What are the analyst and broker recommendations for Polyplex?
Will Polyplex stock grow / rise / go up?
The Polyplex stock price is 1467.500 INR today. Will Polyplex stock price grow / rise / go up? Yes. The Polyplex Corporation Ltd stock price can go up from 1467.500 INR to 1702.040 INR in one year. Is it profitable to invest in Polyplex stock?
What is the PE (price-to-earnings) ratio of Polyplex?
The Polyplex PE ratio based on its reported earnings over the past 12 months is 12.86. The shares are currently trading at ₹1777.1. The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors.