Sunday, October 25, 2009
Today's Writing Products superb stock in invest for long term
Todays Writing Products Ltd is one of the leading Manufacturers of the Writing Products such as Pens, Ball pens, School Stationary, etc. Todays Writing Product has annual turnover 250 Crores plus and growing are constant rates. Todays Writing has many subsidiaries such as Today's Stationey Mart Ltd for tapping the growing Stationary business in the country, it has Brand called "OFFIX". Today's Petrotech LTd is one more subsidiary with presence in the Emerging Oil and Gas sector to leverage on the engineering skills acquired over the last 20 years by the company.Today's has other ambitious plans for other sectors where company finds value for its shareholders. Currently trading at the price less than Book value of Rs 40.49 and Trades at Rs 31.25 with Market Capitalisation of Less than Rs 40 Crores. The Face Value of the stock is Rs 10/-. Buy with long term price Target of Rs 325/-. plus as Huge Opportunities are laying the Office stationary, Oil & Gas and other sectors where Todays Writing Product has its presence.
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India's population will be having more than 50% of the population between the Age of 15 years to 45 years. So You all can imagine the requirement of the Writing products such as Pens, Ball pens, office stationery, etc. Matrix of BILT has been doing quite well so "OFFIX" will have very response from the Market also. Good luck. Invest in stock and reap the benefits.
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