Tuesday 3 February 2015


Shilp Gravures Ltd. recommended on 26th December 2014 @ 43.
Today company has announced December 2014 quarter numbers as follows.

As seen above: Sales are flat but Net Profit has boomed by 90% indicating a rise in product pricing since there are no exceptional items or other income component. December quarter in the past has mostly been weak for Shilp Gravures but the substantial increase in the profit figures this time around suggests that the next quarter too should be positive purely on back of better margins.
Investors should continue to hold this really good proxy-play to the packaging sector.

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