Fiberweb (India) LtdFiberweb (India) Ltd
Incorporated in 1985, Fiberweb Ltd is in the business of Polymer Processing.
Fiberweb (India) has an operating revenue of Rs. 80.34 Cr. on a trailing 12-month basis. An annual revenue growth of 29% is outstanding, Pre-tax margin of 9% is okay, ROE of 4% is fair but needs improvement. The company has a reasonable debt to equity of 4%, which signals a healthy balance sheet.
P/E 12.8 !!!
FIBERWEB trade ideas
Fiberweb CMP 26Stock trend has changed and it's forming higher high and higher low which gives confirmation that the stock reversal on charts after long downtrend. Company is fundamentally very good and the products are in high demand. It's undervalued stock and can double from here in short time. Currently trend is non-trending but if technical changes then this stock can show sharp upside. Target 50+ in next 6 months
BUY fiberweb india for target 420. long term target 880Trend Reversal: Stock has gained after 3 days of consecutive fall upto 312. Valuation at the current price is good for long term as well as short term investments. Financial performation of company is very good. The Short term target is 420 and one year target is 880.