ENTITY
Mold Tek Packaging

Mold Tek Packaging (MTEP IN)

20
Analysis
MaterialsIndia
Mold-Tek Packaging Ltd. manufactures plastic packaging products. The Company manufactures bottles for pharmaceuticals and cosmetics; child-resistant caps; flip-top tablet packs; blow-molded shampoo and medicine packs; and injection-molded pails for lubricants, chemicals, paint, ink, adhesives and bulk drugs.
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30 Jul 2021 11:28Broker

Mold-Tek Packaging: Strong Growth Outlook; Attractive Valuations

We marginally revise our FY22/23 estimates and introduce FY24E. Retain BUY with the Target Price Rs. 585/share valuing it at 20x PE its FY24E.

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