Positional Call: Buy Ganesh Benzoplast for an upside of 20% over a 3 month period

Rudra Shares And Stock Brokers | March 5, 2018, 4:13 p.m.

The Company's products have been enjoying consistently good brand image and loyalty from the consumers for the past several years and enjoys virtual monopoly in Sodium Benzoplast in India. The markets for products of the Company are well established with a good distribution network for domestic as well as export markets. Foreseeing the bright future ahead, Debt reduction , Additional capacity to meet near term business growth by way of expansion in JNPT and GOA ports, increase in promoter stake by purchasing from open market, Reputed client base( HLL, Parle Agro, Coca Cola, Reliance, Jubilant, Fenner, ONGC, IOCL, Castrol, Barmer Lawrie, Polartech and many more) expected growth in demand of chemicals & petroleum products in the country, the stock is expected to perform well going forward.

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