Precision Containeurs

Precision Containeurs
(Ticker Code: 523874)
A Delhi based broker is very bullish on Precision Containeurs. According to him, the company has posted smart results with sales rising to Rs 18.9 crore with profits of Rs 5.68 crore for the FY 2006-07 as compared to the sales of Rs 7.19 crore with profit of Rs 1.74 crore in the year before. The company has received a major export order this year, which should boost its financials for the coming year. It is also expanding its production capacity by setting up another unit at Daman. These shares can be acquired for good gains in the medium term.
(FV Rs 10, H/L Rs 41.8/12, CMP Rs 19.35)