Given the promising medium- to long-term outlook, the valuation of Control Print is extremely undemanding
PRO Only Highlights
– Quarterly performance largely backed by improved realisations
– Medium-term triggers China plus and protectionist measures for tyre industry
– Valuations not inexpensive; but improved medium-term outlook
– Quarterly performance largely backed by improved realisations
– Medium-term triggers China plus and protectionist measures for tyre industry
– Valuations not inexpensive; but improved medium-term outlook
We had recommended Control Print (CMP: Rs 358 M Cap: Rs 585 crore) in our deep value series recently. In the past three months, despite the market volatility, the stock held up well, gaining 14 percent against a flat Nifty performance. Amid the wild gyrations in equities prompted by inflation/rate hike concerns and geopolitical tension, markets look set to present interesting opportunities and investors got to keep their shopping bags ready. We have enough reasons to suggest Control Print…
