Saturday 11 February 2017

STAR PAPER MILLS : UPDATE

*Star paper mills*
-Trail eps @30
-Posted 8 plus eps in each quarter (first 3)of fy17
- nine monthly eps at 26.66 vs 7.12)
So excepted eps for march qtr is 8 plus
-so yearly eps will be 36 plus
- book value will be around 80 after march.
So star paper mills @200 is available at p/e of 6.66 and fy17 5.55
 and P/B at 2.4 *chepest in paper industry*
- paper industry are traded at average p/e of 15

*-so if star paper trade on P/E of 10 then target price will be 300 as per now (eps 30×10) and 360 by august (eps 36plus) cheapest stock in the paper industry with debt free status*
HOLD IT TIGHTLY

And if we take a look on management interview about margin pressure then they told that margin pressure will be *ease* in next few months so, we can hope for better numbers ahed.

Disc. : I am not sebi registered analyst (it's in progress) do ur own homework before invest in any stock.