Mold-Tek Technologies:-All set to double your money

Scripscan:Mold-Tek Technologies
Ltd Code:526263
cmp:68
Target:90
Duration:1-2 months

[Mold-Tek Technologies news,views and analysis/Prospects/big KPO boom beneficary/amazing results/attractive valuation/growing at over 200%/Mold tek target price/robust business/Demerger to unlock lot of value/Great buy/a potential doubler]

Story:Mold-tek is the leader in Plastic Pail Packaging industry in the country.It is the only supplier to its clients like Reliance Petroleum Ltd,ICI, Emirates Petroleum Ltd.etc.With time the company has diversified into providing structural engineering services for global clients in USA, Canada, Gulf & Europe.The KPO Division is currently providing services to more than 25 US Clients and has aggressive marketing plans to add further 10-15 clients in the current year.To unlock value for its shareholders mold tek is demerging its Kpo and Plastic business and plans to list both companies seperately.The demerger ratio is expected to be 70:30,with plastics packaging accounting for 70% and the remaining 30% would be KPO business.Both the divisons of the company has got tremendous potential and prospects.Go for it.

Techinally:-The scrip has formed a base at 66-67rs i dont feel that would get violated again.Infact after a long time with good volumes it has shown strong movements.I expect the scrip to zoom past 90 mark fairly soon.So both from the fundamentals and from the technical aspect,mold tek is a clear-cut buy.