Saturday, June 25, 2011

Rubfila International -- Multibagger Buy CMP 7.77

Rubfila International is a Kerala based company.
Its products are natural rubber thread of various sized used in garments and under garments of diff segments.Rubifila is market leader in this segment.The industrial adhesive product is the feather in crown for this company. This product fetched the fortune for Rubifila. The manufacturing capacity in this line is of mass scale and can overcome  the demand supply gap of any kind.
There is surging demand in the main products of the company nationally and internationally.
The company is promoted by the foreign group based in Malaysia and Kerala state industrial development corp ltd. Foreign promoter group is in the same line of business with proven track record and experience The companies products  are in demand world wide backed with huge scale of operation and that too with experienced and matured foreign promoter .
Rubfila`s turnover during last three years is being increased nearly 50% over previous years. This year also expected the same way. Currently Rubfila is trading at a price of 7.70 . We believe that it is undervalued at current cmp. And have a target of more than 30++  within a period of 2 to 3 years .

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