Multibagger Stocks 2018 buy @ 315
i) Poddar Pigments:
Market Cap: Rs 270 Crores
buy market price @ 315
Poddar pigments manufactures colours and additive masterbatches. It is the first company in India that manufactures masterbatches for Nylon, Polypropylene and polyester multi filament.
Positives:
- 5 Year growth rate is healthy for sales and PAT figures
- Company has decent ROE
- Very low debt levels
Negatives:
- Short term growth is in single digits
- Margins are falling
- Company enjoys little/NO pricing power
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