Hello Sir,
Hope you are doing well.
It’s said that when investing in a stock, low starting valuations can help deliver multi-bagger returns. There’s a great example of the same for us – Time Technoplast (NSE: TIMETECHNO).
We initiated the stock recommendation on Time Technoplast for our Alpha and Alpha + members back in May 2022 around 94 odd levels. You can read the initiation report HERE
We continue to hold the stock since then (CMP – 216).
The best part is, when we initiated the recommendation on the stock, it was trading at a PE of 11-12 only and 1.1 times book value.
Now, even after 130% run up in the stock, it’s still trading around 17 PE.
Besides low valuations, here’s what we liked about the company:
Source: May’22 initiation report
A few days back, we released our new stock recommendation for our Alpha and Alpha + Members
Company’s main growth and profit driving segment has grown more than 10x in terms of sales and profit in the last 10 years. We believe it has the potential to double its PAT in the next 3 yrs
For details on the stock click HERE
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Disclaimer: I have personal investment in Time Technoplast. This is not a recommendation to buy/sell Time Technoplast. The securities quoted are for illustration only and are not recommendatory.
Best Regards,
Ekansh Mittal
Research Analyst
Web: https://www.katalystwealth.
SEBI Research Analyst Registration No. INH100001690
Research Analyst Details
Name: Ekansh Mittal Email Id: [email protected] Ph: +91 727 5050062
Details of Associate: Not Applicable
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Disclaimer: You can access it here – LINK
Whether the research analyst or research entity or his associate or his relative has any financial interest in the subject company/companies and the nature of such financial interest – Yes, in Time Technoplast
Whether the research analyst or research entity or his associates or his relatives have actual/beneficial ownership of 1% or more securities of the subject company (at the end of the month immediately preceding the date of publication of the research report or date of the public appearance) – No
Whether the research analyst or research entity or his associate or his relative has any other material conflict of interest at the time of publication of the research report or at the time of public appearance – No
Whether it or its associates have received any compensation from the subject company in the past twelve months – No
Whether it or its associates have managed or co-managed public offering of securities for the subject company in the past 12 months – No
Whether it or its associates have received any compensation for investment banking or merchant banking or brokerage services from the subject company in the past 12 months – No
Whether it or its associates have received any compensation for products or services other than investment banking or merchant banking or brokerage services from the subject company in the past 12 months – No
Whether the subject company is or was a client during twelve months preceding the date of distribution of the research report and the types of services provided – No
Whether the research analyst has served as an officer, director or employee of the subject company – No
Whether the research analyst or research entity has been engaged in market making activity for the subject company – No