Essel Propack is a global tube-packaging company headquartered in Mumbai in India. It is part of the Essel Group and is a specialty packaging manufacturer of laminated plastic tubes for the FMCG and Pharma space. The stock has been under pressure due to some wrong actions of Mr Subash Chandra promoter of the Zee group and thus a good company has to suffer due to tainted actions of its promoters.
As of now, we are bullish on the prospects of Essel Propack Ltd which is showing an uptrend and if the stock breaks above 170 will get 180,190 and on crossing above 192 level will target 200 and higher levels.
As of now, we are bullish on the prospects of Essel Propack Ltd which is showing an uptrend and if the stock breaks above 170 will get 180,190 and on crossing above 192 level will target 200 and higher levels.
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