Mold-Tek Packaging's Sales Volume Growth Expected to Accelerate -- Market Talk

Dow Jones

May 20, 2025

0623 GMT - Mold-Tek Packaging's sales volume growth rate is expected to accelerate over next few quarters, Axis Securities analysts say in a research report. New production capacities and products in segments, including food and fast-moving consumer goods, are expected to begin contributing significantly, the analysts say. Management is targeting revenue of INR300 million-INR350 million from the pharma segment, supported by its planned capacity expansion and production diversification, the analysts note. The Indian plastic packaging manufacturer is also focusing on higher utilization and improved product mix to achieve its target EBITDA/kilogram of INR41-INR42 by FY 2026. The brokerage raises the stock's target price to INR660.00 from INR600.00 with an unchanged buy rating. Shares are 7.1% higher at INR605.40. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

May 20, 2025 02:23 ET (06:23 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2536667617"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2536667617\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2536667617?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-05-20 14:23","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2536667617","market":"fut","top_or_hot":-1,"title":"Mold-Tek Packaging's Sales Volume Growth Expected to Accelerate -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0623 GMT - Mold-Tek Packaging's sales volume growth rate is expected to accelerate over next few quarters, Axis Securities analysts say in a research report. New production capacities and products in segments, including food and fast-moving consumer goods, are expected to begin contributing significantly, the analysts say. Management is targeting revenue of INR300 million-INR350 million from the pharma segment, supported by its planned capacity expansion and production diversification, the analysts note. The Indian plastic packaging manufacturer is also focusing on higher utilization and improved product mix to achieve its target EBITDA/kilogram of INR41-INR42 by FY 2026. The brokerage raises the stock's target price to INR660.00 from INR600.00 with an unchanged buy rating. Shares are 7.1% higher at INR605.40. (ronnie.harui@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 20, 2025 02:23 ET (06:23 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Mold-Tek Packaging's Sales Volume Growth Expected to Accelerate -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMold-Tek Packaging's Sales Volume Growth Expected to Accelerate -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-05-20 14:23</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0623 GMT - Mold-Tek Packaging's sales volume growth rate is expected to accelerate over next few quarters, Axis Securities analysts say in a research report. New production capacities and products in segments, including food and fast-moving consumer goods, are expected to begin contributing significantly, the analysts say. Management is targeting revenue of INR300 million-INR350 million from the pharma segment, supported by its planned capacity expansion and production diversification, the analysts note. The Indian plastic packaging manufacturer is also focusing on higher utilization and improved product mix to achieve its target EBITDA/kilogram of INR41-INR42 by FY 2026. The brokerage raises the stock's target price to INR660.00 from INR600.00 with an unchanged buy rating. Shares are 7.1% higher at INR605.40. (ronnie.harui@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 20, 2025 02:23 ET (06:23 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AAQC","symbol_name":"Accelerate Acquisition Corp","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2536667617","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2536667617","pubTimestamp":1747722180,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0623 GMT - Mold-Tek Packaging's sales volume growth rate is expected to accelerate over next few quarters, Axis Securities analysts say in a research report. New production capacities and products in segments, including food and fast-moving consumer goods, are expected to begin contributing significantly, the analysts say. Management is targeting revenue of INR300 million-INR350 million from the pharma segment, supported by its planned capacity expansion and production diversification, the analysts note. The Indian plastic packaging manufacturer is also focusing on higher utilization and improved product mix to achieve its target EBITDA/kilogram of INR41-INR42 by FY 2026. The brokerage raises the stock's target price to INR660.00 from INR600.00 with an unchanged buy rating. Shares are 7.1% higher at INR605.40. ","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"AAQC":"Accelerate Acquisition Corp"},"translate_title":"Mold-Tek Packaging销量增长有望加速——市场谈","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AAQC":1},"content_text":"0623 GMT - Mold-Tek Packaging's sales volume growth rate is expected to accelerate over next few quarters, Axis Securities analysts say in a research report. New production capacities and products in segments, including food and fast-moving consumer goods, are expected to begin contributing significantly, the analysts say. Management is targeting revenue of INR300 million-INR350 million from the pharma segment, supported by its planned capacity expansion and production diversification, the analysts note. The Indian plastic packaging manufacturer is also focusing on higher utilization and improved product mix to achieve its target EBITDA/kilogram of INR41-INR42 by FY 2026. The brokerage raises the stock's target price to INR660.00 from INR600.00 with an unchanged buy rating. Shares are 7.1% higher at INR605.40. (ronnie.harui@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 20, 2025 02:23 ET (06:23 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}