Shreyans Industries Ltd: SHREYANIND

Price: Rs. 210.95
Source: https://sharemultibaggerstocks.blogspot.in/?m=1
Target: 20-25% upside in 1-2 months (Rs. 255)
P/E: 10.65
Industry P/E: 14.13
Price/Book: 2.40

Fundamental Reasons:-

1. Company has reduced debt.

2. Company has good consistent profit growth of 65.38% over 5 years.

Technical Reasons:-

Shreyans Ind has given a recent break out, ie. prises have risen above previous highs made as on 10 may 2017 with huge surges in volume which is a big positive for the company:-

About Shreyans Ind:

Shreyans is one of the leading industrial groups of North India promoted by the well known OSWAL family of Ludhiana. Shreyans is a multi unit group with interests in Paper and Textiles.

Shreyans Paper Products: In the range of 44 GSM to 200 GSM (High Brightness Paper, Cream Wove, Coloured Paper, Duplicating Paper, Surfaced Sized Printing Paper, Azure Laid Paper, Maplitho Paper, Stamp Paper, Inland Letter Paper, Postal Envelope Paper, Offset Paper, Cover Paper, Super Calendared Paper, Rail Ticket Paper, Super Printing Paper)

Shree Rishabh Paper Products: In the range of 44 GSM to 200 GSM (Gold High Brightness Paper, Cream Wove, Coloured Paper, Duplicating Paper, Surfaced Sized Printing Paper, Azure Laid Paper, Maplitho Paper, Stamp Paper, Inland Letter Paper, Postal Envelope Paper, Offset Paper, Cover Paper, Super Calendared Paper, Rail Ticket Paper, Super Printing Paper)