5 auxiliary stocks of electric vehicles engaged in the manufacture of PET films
Indian company MNC is engaged in offering end-to-end packaging solutions offering a comprehensive range of packaging films. The company’s global film manufacturing arm, Flex films, offers a full line of post-consumer quality PCR films containing up to 100% post-consumer recycled PET under the Asclepius brand. The film offers a 75% reduction in carbon footprint.
The company is among the leading manufacturers of fine polyester that finds applications in electric vehicles. The company, part of the $2 billion BC Jindal Group, is involved in a variety of businesses, including polyester and polypropylene films, power generation, cold rolled steel strip, galvanized sheet, etc 1116.25. It is placed in the small cap stock category.
The company has the seventh-largest polyester (PET) film production capacity in the world. The company’s capabilities cover both thin and thick PET films that cover a wide range of applications. The company exports its product range to 75 countries and runs its integrated manufacturing and distribution operations in six countries viz. India, Thailand, Turkey, United States, Indonesia and the Netherlands. The company’s share price was last at Rs. 1944.55 per share and in one year gave a multibagger return of over 118%.
Founded in 1981, Cosmo Films Limited is today a world leader in specialty films for packaging, lamination and labeling applications. Its film offerings include biaxially oriented polypropylene (BOPP) films, cast polypropylene (CPP) films and soon to come biaxially oriented polyethylene terephthalate (BOPET) films. The share price of the company is at Rs. 1575.65. This company again delivered multibagger returns to the tune of 140%.
The company is again a multinational conglomerate which is a major manufacturer of polymers. The Company’s product line spans industrial packaging solutions, lifestyle products, automotive components, healthcare, infrastructure, material handling solutions and composite cylinders.
|Store||CPM||Yield over 1 year in %|
|Jindal Poly Films||116.25||30|