Sunday, January 1, 2017

SHRI JAGDAMBA POLYMERS: GEOTEXTILE Opportunity?

SHRI JAGDAMBA POLYMERS: CMP 713.8

GEOTEXTILE IS A HIGH STRENGTH POLYPROPYLENE WOVEN FABRIC PRODUCED WITH HIGH TENACITY TAPES AND THEN WOVEN ON WIDER WIDTH SULZER LOOMS UPTO 5.3 MTRS.


Company is not R&D backed like Strata Geo. But able to get into generic GeoTextile. Have to look other parameters like Debt (looks high) and contribution of Geo in total sales.

Growth momentum is there. Not a high class investment grade stock, but will fetch info about Geo Ind.

Garware rope looks better to capitalize the Geo Opportunities. 


Please read the disclosure. I am novice Investors, putting note here only for further discussion.

Thanks

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