TCPL Packaging Ltd Stock Research

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TCPL Packaging Ltd Detail

TCPL Packaging Ltd is in portfolio of Anil Kumar Goel. He is one of the top investors in India. The company belongs to Packaging sector. I have written research report on TCPL packaging in year 2018. You can read the previous report along with new one.

As per the Company website it is is one of India’s largest manufacturers of folding cartons, and India’s largest standalone converter of paperboard. It manufactures folding cartons, printed blanks and outers, litho-lamination, plastic cartons, blister packs and shelf-ready packaging.

It has manufacturing units present in Silvassa, Goa, Guwahati and Haridwar. The marketing offices are present in Delhi, Mumbai and Kolkata. It also exports products in other countries as well like US, Australia and European countries.

The products of Company are used in below industries

  • Tobacco
  • Liquor
  • Food and Beverages
  • FMCG
  • Pharmaceuticals
  • Agrochemicals and Electricals

I have shared long term price performance chart of the Company below.As per Dow theory of technical analysis price performance over a period of time reflects Company state.

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TCPL Packaging Ltd Stock Performance

TCPL Packaging got listed recently.The time of listing was not good. The year 2018 was volatile and market saw correction. The stock was listed near 700 mark but since then have not performed well.

It kept on moving down every month and now is trading at discount of 50%. So in last one year IPO investors have lost money in this counter. There is no sign of reversal as of now. The dividend yield at current market price is close to 1% which is good. Since long term price performance is not available it is too early to say anything based on price performance.

TCPL Packaging Ltd My Opinion

TCPL Packaging Ltd is a Packaging Company. As mentioned in the description part it is leading producer of Cartoons which is used in different industries for packaging.

Packaging sector will be in demand. It is business to business sector. The growth in other sector will see surge in demand of packaging items which will in turn benefit TCPL like Companies. However other companies should be thinking of ways to reduce the cost in packaging. This cost cutting alternatives is the challenge in front of packaging sector companies along with competition.

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I have not invested in this sector but it does look promising sector indeed. The sector will is consistent sector and will be in demand. It is one of the future proof sectors. You should wait for TCPL to consolidate and become stable before making a decision. As of now it is on continuous decline and hence you should avoid it.

In case you are interested then you can track the company by adding it to your stock watch list. That way you can keep close eye on the Company.


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