Mold-Tek Packaging Ltd., incorporated in the year 1997, is a Small Cap company (having a market cap of Rs 2636.40 Crore) operating in Plastics sector.

The fund delivered outsized returns during the favourable years of 2020 and 2021 and has contained downside much better than peers this year. While this marks a formidable start for the fund, it has to deliver sustainably for a few more years to be considered a worthy bet in its category.

This is follow-up on Mold-Tek Packaging. Can check link to related ideas. Target 1 achieved. More than 39%. Target 2 is ON. Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.

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The BSE Midcap index is a shade away from turning positive for the year 2020 while the Smallcap index is trading in the green.

Geojit recommended is bullish on Mold-Teck Packaging has recommended buy rating on the stock with a target price of Rs 331 in its research report dated August 07, 2020.