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Prabhudas Lilladher Report
We are increasing our sales and earnings per share of Mold-Tek Packaging Ltd. for FY22/23 by 1%/4% and 1%/4.3% respectively on the back of-
increased volume growth due to continued momentum in the paint sector and sequential recover in fast moving consumer goods and
better realisations due to pick up in sales of pump and increase n contribution of In-mould labelling products.
We believe that increase in capacity (paints – at Vizag, Mysuru and Uttar Pradesh and food and FMCG at Hyderabad), ramp up of pump capacity, addition of new segments (detergents, dates, nutrition powder, agronutrients) and acceptance of new launches like QR coded IML products will help increase Mold-Tek Packaging's market share from new and existing clients.
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