Company: Huhtamaki PPL Ltd. Category: IPO Notes

Being one of the leading companies in the packaging space, coupled with the right technology, market vigilance, road map to growth; we are positive on the future outlook of the company and thereby initiate Buy on the stock with the target price of Rs320 over a 12 months horizon.
June 21, 2019, 12:35 p.m.

We feel investors could buy the stock at the CMP and add on dips to Rs ~221-225 band (14.0x CY20E EPS) for sequential targets of Rs 287 (18.0x CY20E EPS) and Rs 303 (19.0x CY20E EPS). At the CMP of Rs 250 the stock trades at 15.7x CY20E EPS.
May 20, 2019, 5:19 p.m.
Author : HDFC Sec | Publisher:

Huhtamaki PPL Limited, formerly The Paper Products Limited, is an India-based consumer packaging company. The Company offers a range of products, which include specialized pouches, pressure sensitive labels, shrink sleeves, personal care and household, specialized cartons, wet strength labels, shrink sleeves, and automotive and industrial products.
Aug. 24, 2018, 12:10 p.m.

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