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Neo Corp International Ltd

Posted on: June 3rd, 2010 at 11:09 pm

Neo Corp International Limited (NCIL) since its inception in 1986, is dedicated in making tailor designed products under Packtech. NCIL reached the status of a fore-runner internationally as a reliable supplier of Packtech products.NCIL has come a long way from a small woven sack factory in 1988 to a large integrated globally acclaimed technical textiles manufactures.

It has been more than two decades of reliable catering to the requirement of FIBC’s, container liner, leno bag, geo textile, ground cover, shade nets, hale nets, wind breakers and constructive cover from fully integrated, clean room 30000 square meter manufacturing facility, for the company.

With its current growth initiative, NCIL has entered into other technical textile segments like Geotech and Agrotech.

Products Segments of the company:
1. PACKTECH – Provides cost effective solutions for storage carriage and protection requirements of industrial, agricultural and their goods.

2. AGROTECH – Applications for technical textiles in the Agrotech sector include all activities concerned with the growing and harvesting of crops and animals

3. GEOTECH – Provides wide range of end-uses in pavements/roads/railroad beds/airfields, retaining wall earth embankment, concrete revetment, drain construction waterways, coastal engineering/defense, landfill, industrial and contaminated land reclamation.

NCIL operates globally, it has its footprint all over the word
  • Astria
  • Belgium
  • Canada
  • Denmark
  • Greece
  • Italy
  • Netherland
  • NewZealand
  • Sweden
  • UAE
  • U.K
  • U.S
  • Djibouti
  • Muscut
  • Spain
  • Dubai
  • France
  • Germany
  • Uruguay

Over the past 20 years the company has has made various Achievements, such as:
a]. It won the Top Exporter award for the year 2008-09.

b]. It featured at 46th number out of Top 500 manufacturing companies in a survey conducted by the publication Industry 2.0

c.] The company bagged the Best Exporters award for the year 1997-98 conferred by the All India Flat Tape Manufacturer’s Association in the ‘Woven Sack’ Category.

d]. The company has been awarded the status of recognized Export House by the Govt. of India on the grounds of export performance in the year 1994-95.

Currently trading around 52, having a P/E of 4.50 and a Book value of 49

newcorp

newcorp

NCIL can be considered as a strong Small-cap bet for Long term investment, the growth of the company over the past several years has been attractive.

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25 Responses

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Comment pages: 12Show all

  1. Akhil Says:
    June 4th, 2010
    Posted at: 12:40 am

    What can be the future targts.


  2. Aju Mathai Says:
    June 4th, 2010
    Posted at: 12:44 am

    Why should we pick neo corp when they are other established players in the industry like Jindal poly, essel propack . Jindal poly has given a consistent growth since last 3 years. For neo corp the sales have fallen from FY08 to FY09. How do you pick up such stocks, do you read the charts or other strategies. Please let all of us know the reason for choosing stock .


  3. Kartik Says:
    June 4th, 2010
    Posted at: 1:00 am

    Hi Akhil, it can see 80+ levels in a years time

    Hi Aju Mathai, Jindal Poly flims is a Large cap stock whereas this is a micro cap, Penny Stocks have a higher rate of growth over Long term, Jindal's sales in 05 where 796 cr's whereas its sales in 09 where 1,562 cr' (a growth of less than 100% over 5 years)

    In March'05, Jindal posted a profit of 76.82 and in March '09 it posted a profit of 126cr's, an increase less than 100% in 5 years, where as in the above mentioned script, the profits in March'05 were 0.13 cr's and in 09 where 6 cores, the grown has been more than 4500% in 5 years. Jindal traded at 285 in March'05, where's as Neo Cure traded around 8rs.

    So, Penny stocks have higher growth rate as compared to normal stocks, but at the same time they can be risky bets, which in turn can give huge profits over Long term, provided you pick the right stocks


  4. Akshay Says:
    June 4th, 2010
    Posted at: 8:28 am

    What is target of neo in a month?


  5. Kartik Says:
    June 4th, 2010
    Posted at: 10:47 am

    Hi Akshay, its more of a Long term play

    Hi Pradeep, do you mean that the target is not given


  6. varadhann Says:
    June 4th, 2010
    Posted at: 12:14 pm

    HI Kartik Good Morning, What could be the probable holding period?


  7. Souvik Says:
    June 4th, 2010
    Posted at: 1:19 pm

    What is the NSE code for this stock?


  8. prabuvirus Says:
    June 4th, 2010
    Posted at: 3:37 pm

    HI , How can i receive the updates through mail ,

    Thanks


  9. Kartik Says:
    June 4th, 2010
    Posted at: 3:39 pm

    Hi varadhann, around 5-7 months.

    Hi Souvik, its not listed on the nse.

    Hi prabuvirus, you can do it from here: http://nseguide.com/subscribe-to-nseguide-via-email/

Comment pages:12Show all

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