Query Trends : Cosmo Films

Query : I am holding Cosmo Films @ 115, Pls suggest whether to hold or book losses? Rajeev

Thebullishtrends : Cosmo Films shares closed yesterday at Rs.107.
Cosmo Films was started in 1980 to manufacture Bi-axially Oriented Polypropylene Films (BOPP) for the first time in India. Since inception it has maintained market leadership in the Indian market and also Continues to be largest BOPP film exporter from the Country.

At Waluj campus, it has own Captive Power Plant of 8 MW capacity. In a recent survey by "FORBES" Cosmo has been recognized one of the best 200 companies out of 19000 listed companies with revenue of less than 1 Billion US$ outside US.

Cosmos Films posted Rs.9.06 crore net profit on Sales of Rs.154.75 crore for Sept'07. Having very good assets and low PE, we consider that it is low risk stock, you can hold this.