Giving a medium term positional call: (6-7 months)
Buy *Haldyn Glass* BSE 515147 in 27-30 Range
Look for 45-50
in medium term say 6-7 months.
Company supplies glass bottles to all sectors like FMCG, Pharma, Liquor.
Almost all major pharma companies of world are developing vaccacine for Corona. Due to cost advantage it's very high chance that 50-60% of all will be product in India only. Packaging will happen in *Glass Vial* and here opportunity comes into play for *Haldyn Glass. They are major manufacturer and supplier
Safe scrip, low beta. One of the biggest beneficiary of Corona issue.
Debt Free having 18 Cr of cash in books and nearly 35 Cr of investemnts.
230 Cr revenues ~11 Cr net profit..Cash Profit of 23.5 Cr