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|Summary||Date||Stock||Broker||Price at Reco.||Target||Price at reco|
Change since reco(%)
|2017-04-13||Gloster Ltd.[Old]||Choice India||577.35||577.35 (22.91%)||Neutral|
During FY12-16, the top line of Gloster Limited increased at a CAGR of 8.5% while the bottom line of the company increased at CAGR of 7.8%.the company has undertaken modernization of it plants in the past few year and continues to upgrade it s plants which will help the company in meeting the demand. Jute is the most sustainable, renewable, biodegradable and eco-friendly natural fiber with a crop cycle of only 120 days and also acts as a cash crop for the farmers. Being eco friendly and bio degradable in nature jute bags have an upper hand over synthetic bags. And with more and more people using and promoting eco-friendly products ,the company...