Scripscan-Futura Polyesters Ltd
Introduction–Futura polysters is a complicated story but looks to have immense value.Its going to be a huge note if i have to explain everything in details.But as i say get your logic right behind a story.Get the full story fully and have your conviction.Your patience may get tested but conviction would be rewarded.
Why would you invest in futura polysters?Just consider.
1)Futura polystersis engaged in the BUSINESS OF manufacturING and marketing of Polyester Resins, PET Preforms and Polyester Fibres.Futura is the largest PET Preform manufacturer in India with a turnover of over 500crs.
2)The company has got a land of around 85 acres in khapoli,considering the real estate prices now,the value for the same looks to be huge.
3)Futura's subsidiary Innovassynth has 26%
stake in Actis Biologics valued at over 180crs.The value should be much higher when the comopany goes public.
4)Innovassynth itself is going to list soon and you would be alloted 5 shares of the company for every 11 shares held in futura polysters.
So by investing in futura you would actually get to invest in a profitable 500crs turnover company and its the leader in its segment too.You would get innovasnth which may just do wonders after listing.You would also get actis bio too.Innovassynth is into avery hot sector, a leader in Customised Research, Analysis, Manufacturing and Synthesis(CRAMS) and Actis Biologics India (ABPL) is an emerging biotech company valued at around 700crs.
Conclusion-In very short you would get 3 great emerging businesses by investing in these comopany.At rs 32 it looks to be a scrip with tremendous value.Go for it.
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