Call given at 26, CMP 36. Book 50% profits at 36 and hold the rest for Long term.

Poddar Pigments Ltd is a ISO 9001:2000 QMS certified company manufacturing Color & Additive Masterbatches for dope dyeing of man- made fibres, various plastic applications and Engg. Plastics & Compounds. Poddar Pigments Limited- Jaipur is committed to produce and deliver defect-free Masterbatches, meeting applicable requirements on a continual basis to achieve customer satisfaction

Milestones
2007: Accredition as an ‘Star House’ for Export by Govt of India. Enhancement of Plant Capacity (8100 MT)
2004: Accredition as an “EXPORT HOUSE” by Govt. of INDIA
2003: Up-gradation from ISO 9002:1994 to ISO 9001:2000 Certification Masterbatches for Polyester Automotive & outdoor furniture applications.
2002: Enhancement of Plant Capacity (7000 MT/A).
2000: Acquisition of ISO 9002.
1999: Established production of Nylon Masterbatches for Fiber applications. Enhancement of Plant Capacity (3280 MT/A)
1997: Established production of Polyester masterbatches for Fibre and PET Bottle applications.
1995: Established production of PP Fiber Grade Masterbatches and PE Masterbatches. Plant Capacity 2400 MT/A. Commencement of production of Masterbatches for BOPP Applications.

Currently trading around 26 and having a P/E of 8.33

Poddar pigments

The Sales Turnover of the company have been seen a constant increase and this seems to be a good stocks for long term(3-5 years)

Note: The details of the company have been collected from the companies website.