This small-cap packaging stock is trending today!

This small-cap packaging stock is trending today!

by 5paisa Research Team Last Updated: Dec 10, 2022 - 10:54 pm 8.7k Views
Listen icon

With the Indian stock market hitting an all-time high, this small-cap stock surged 6%.

On November 29, the market is trading in green scaling new lifetime highs. At noon, the S&P BSE Sensex is trading at 62771, up 0.43%, while NIFTY50 is trading at 18,645.55, up 0.45%. About sectoral performance, FMCG and Consumer Durables are the top gainers, while Capital Goods and Oil & Gas are among the top losers. Talking about stock-specific action, Cosmo First Ltd is among the top gainers in BSE group ‘A’.

The shares of Cosmo First surged 6% and are trading at Rs 797.15. The stock opened at Rs 760 and made an intraday high and low of Rs 814.2 and Rs 757.95, respectively. However, over the last six months, the stock has fallen sharply by around 35% from Rs 1230 to Rs 800.

Yesterday, the company disclosed its plan to schedule a board of members meeting on December 1 to discuss the proposal for the buyback of its equity shares. This news infused positive sentiments around the stock.

Cosmo First Ltd is a global leader in speciality films for packaging, lamination and labelling applications. Its film offerings include biaxially oriented polypropylene (BOPP) films, cast polypropylene (CPP) films, and polyethylene terephthalate (BOPET) films. They are the largest BOPP films exporter from India and the world’s largest manufacturer of thermal lamination films.

FY22 was the biggest year for the company in terms of both revenue generated and net profit earned. The FY22 revenue and net profit stood at Rs 3038 crore and Rs 397 crore, respectively.

The company has a market capitalisation of Rs 2183 crore and is trading at a PE multiple of 6.25x. The scrip has a 52-week high and low of Rs 1428 and Rs 658, respectively.

About the shareholding pattern, 44.25% of the stake is owned by the promoters, 28.32% by the non-institutional investors, 5.83% by FIIs, and the rest 0.94% by DIIs.

Share Market Today

How do you rate this article?

Start Investing in 5 mins*

Rs. 20 Flat Per Order | 0% Brokerage


About the Author

Our research team is composed of some highly qualified research professionals, their expertise range across sectors.


Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites and Derivatives can be substantial. Also, The
Open Free Demat Account
Resend OTP
Please Enter OTP
Mobile No. belongs to

By proceeding, you agree to the T&C.

Latest News
Mukka Proteins IPO Anchor Allocation at 30%

About the Mukka Proteins Ltd IPO

Owais Metal and Mineral Processing IPO subscribed 221.18 times

About the Owais Metal and Mineral Processing Ltd IPO

Juniper Hotels IPO Lists 1.39% higher, then hits upper circuit

Juniper Hotels Ltd opens higher, hits upper circuit