Sarda Plywood, which has significant presence in paper and tea segments besides plywood and allied products, more than doubled stock returns in last one year while shares of Flex Foods rose 90 per cent during this period.
Shares of Balkrishna Paper and IZMO rose 71 per cent and 28 per cent, respectively, during this period while those of BDH Industries delivered negative returns.
“The big theme that can do well during calendar 2017 is the cashless transaction, which includes companies that are likely to benefit from the demonetisation drive,” Porinju Veliyath said
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