Review

MOLD-TEK PACKAGING
Ticker : 533080
FV:  ₹5
52-Week H/L: ₹947.8/445.55



We recommended Mold-Tek Packaging Ltd in volume no. 38, issue no. 41 (dated August 1, 2022) when the scrip was trading at Rs 816.9. For the quarter that ended on June 30, 2022, the company’s net profit stood at Rs 21.71 crore as opposed to Rs 12.08 crore in the corresponding quarter previous year, registering a growth of 79.71 per cent. Recording a gain of around 55 per cent, it reported revenue of Rs 208 crore in the quarter as opposed to Rs 134 crore in the same quarter of the previous fiscal year. Within a period of ten days, the shares of Mold-Tek Packaging climbed almost 14 per cent, beating the benchmark indices. The PE ratio of the company shows that currently, the stock is expensive as compared to its peers and industry. Also, the current trading price is above the intrinsic value. Hence, we recommend our investor-readers to BOOK PROFIT at Rs 892.95 per share with a gain of 9.3 per cent.