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Thursday, July 14, 2011

Stock Review: PAREKH ALUMINEX


Parekh Aluminex is one of the largest manufacturers of aluminium foil containers in India. To meet the growing demand in packaging sector, it has lined up capex of 350-400 crore. This is expected to improve its profitability from FY13. With a 12-month forward priceearnings ratio of four, the stock appears attractive at the current price.

 

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