Given the promising medium- to long-term outlook of Control Print, the valuation is extremely undemanding
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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
Control Print (CMP: Rs 406 M Cap: Rs 662 crore) is a highly recommended mid-cap, and in recent times, amid the tumult in the market, investors seem to be realising the fundamental strength of this company. In the past six months, as against a 6 percent decline in the benchmark Nifty, Control Print has rallied close to 29 percent. The year and the final quarter ended on a high note and, given that normalcy is returning fast and industrial…