*CAN BE 2x: Shree Karthik Papers Ltd*

Coimbatore based SKPL is engaged in production of writing and printing paper with capacity of 14000 tonnes per annum. SKPL uses waste paper as raw material. _Total land area is 30acres_

With revival of paper industry, SKPL has been doing extremely well and share price appears poised for big rise

FINANCIALS:

               Q1FY18 Q1FY17

Sales      16.31.    9.27

NP.            1.28.   -0.38

Equity.       9.55

For FY17 , co had reported sales of 47.62cr with PAT of 2.21 Cr

However co has put stellar performance for Q1:

*Sales have risen to 16.31 Cr Vs 9.27cr and PAT 1.28cr Vs Loss of 38lacs*

For FY18, SKPL should report sales of 68-70cr and 5.75cr PAT.

PROMOTER STAKE 74.52%

Mkt value of 30acre land alone is more than its mkt cap. On this vast land, co can undertake big expansion of production capacity

TP Rs Rs 35-38 in 4-6 months