Multibagger stock in Packaging industry:

HINDUSTAN ADHESIVES LTD Bse code  514428

HAL is engaged in production of adhesive tapes for industrial and consumer packaging.

Stock is trading @ 4xFY17Eeps

Mktcap only 20cr

Introduction of Shrink Film, a high margin product

 Q1 PAT rises 550% to 92 lacs vs 14lacs. Q1 Eps 1.80

FY16Eps was 5.12
FY17Eeps  9.50-10
FY18Eeps 12-14