Little known Gem for good returns!

Stock Name : Manaksia Ltd –

Recommendation : Current price of 57 , Buy in small chunks at every fall and hold for long term for a target of 130+.

Group specialises in the manufacture of packaging products (crowns, closures and metal containers), metal products and fast moving consumer goods, among others.

  • Nearly debt free and at deep discount to its book value of 142.
  • Dividend yield of 18% and ratio of 55% for dividend payout.
  • Trading at 11x discount to the Industry P/E , that means if the growth plans align to the market requirements the stock can catch up to industry P/E and see a multibagger return

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