Vinyoflex Ltd Stock Research

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Vinyoflex Ltd Detail

Vinyoflex Ltd is in portfolio of Subramanian P. He is one of the top investors in India. The company belongs to Plastics sector.

As per the Company website it is producer of PVC Artificial Leather Cloth and PVC Sheeting and Investment Casting. The product range includes PVC films and sheets both plain and printed, flexible rigid and semi rigid for application such as rainwear, shower curtains, file cover, table covers, car matt, stationary products, cable wrap tape, insulation tape, vinyl wall cover, blood bag, urine bag etc.

The Company has registered office in Rajkot.The factory is located in Taluka Kotda Sangani (Shaper)

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.

Vinyoflex Ltd Stock Performance

The Company got listed in year 2008 at listing price of 6 INR. This was not good time to get listed. The global crisis was around the corner and hit most of the Companies listed on Stock Exchanges. It was not an exception.

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In last ten years the stock has given more than 4 times return to investors. Majority of positive movement came only after year 2014 during the recent bull run. It had slow gradual movement throughout the bull run period in last 5 years.

Vinyoflex Ltd My Opinion

Vinyoflex Ltd is a Plastics company. Subramanian P has many Plastics sector stocks in his portfolio.

Plastics is growing sector. If you look around you will see items made from Plastics replacing wooden and metal alternatives. The reasons are multiple. They are cheaper, durable, Fancy looking and lighter. Wooden items are costly and metal items are heavier. People are adopting plastics items everywhere.

There is no doubt that it is growth sector. You will find many stocks listed in this space each dealing with slight variations of plastic items. I also have one plastics sector Company in my portfolio.As of now I am not interested to invest in one more Company from this sector.

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Also this Company does not have any unique specific product to make a mark. It deals with generic products and need to have cost advantage and quality advantage to make an impact on already crowded space.

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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