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Good for medium to long term investment

Caprihans India incorporated in 1946 is a subsidiary of Bilcare Research GMBH. It is one of the largest manufacturers of PVC Films. The company’s financial results for second quarter 2014-15 reveals an increase of 31.6 per cent in net profit on a revenue increase of 5 per cent.  Earnings per share (EPS) stood at Rs 1.51 a share during the quarter as against Rs 1.15 over the corresponding period of previous year. As per our estimates the company’s EPS for the current year and 2015-16 is Rs 5.47 and Rs 6.73 respectively. Net sales and PAT of the company are expected to grow at a CAGR of 11 per cent and 9 per cent in coming years. We recommend ‘BUY’ for this particular scrip because of its medium to long term potential for appreciation. Firstcall Brokerage

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