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Business News/ Brand Stories / Investor's Delight: Pressure Sensitive Systems (India) Limited Poised for Growth with 70 Crore Fundraise
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Investor's Delight: Pressure Sensitive Systems (India) Limited Poised for Growth with ₹70 Crore Fundraise

These funds will be used for business expansion, paving the way for further growth

The company has recently reported impressive financials for the quarter ended December 2023.Premium
The company has recently reported impressive financials for the quarter ended December 2023.

Mumbai, India - March 4, 2024: Pressure Sensitive Systems (India) Limited (BSE Code: 526773), a leading manufacturer of salt adhesive tapes since 1987, is attracting the attention of investors with its strong financial performance and promising future prospects.

The company has recently reported impressive financials for the quarter ended December 2023. With a revenue of 96 crore, a net profit of 40 crore, and an operating profit margin of 42%, Pressure Sensitive Systems (India) Limited demonstrates robust financial health.

This positive performance is further accentuated by the company's attractive valuation. Currently trading at 11.5 per share, the stock boasts a price-to-earnings (PE) ratio of only 1.2, significantly lower than the industry average of 30. This low valuation presents a compelling opportunity for investors seeking value stocks with high growth potential.

Adding to the optimism surrounding the company, Pressure Sensitive Systems (India) Limited has announced plans to raise 70 crore through a preferential issue. These funds will be used for business expansion, paving the way for further growth and profitability.

Pressure Sensitive Systems (India) Limited
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Pressure Sensitive Systems (India) Limited

Stock market experts are particularly bullish on the company's future, with some predicting a one-year target price of 100 per share. This substantial increase, representing a potential tenfold return, reflects the confidence in the company's ability to capitalize on its strong fundamentals and growth opportunities.

Analysts believe that Pressure Sensitive Systems (India) Limited is:

Trading at a significant discount: The low PE ratio compared to the industry average indicates the stock's potential for significant price appreciation.

Financially strong: Consistent revenue growth, healthy profit margins, and debt-free status paint a picture of a financially sound company.

Positioned for expansion: The planned fundraising signifies the company's commitment to growth and its potential to capture a larger market share.

With its compelling valuation, impressive financials, and strategic expansion plans, Pressure Sensitive Systems (India) Limited appears well-positioned to deliver substantial returns to investors in the long run.

Disclaimer: This article is a paid publication and does not have journalistic/editorial involvement of Hindustan Times. Hindustan Times does not endorse/subscribe to the content(s) of the article/advertisement and/or view(s) expressed herein. Hindustan Times shall not in any manner, be responsible and/or liable in any manner whatsoever for all that is stated in the article and/or also with regard to the view(s), opinion(s), announcement(s), declaration(s), affirmation(s) etc., stated/featured in the same.

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Published: 05 Mar 2024, 07:46 PM IST
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