KKR invested ₹930 Crores to acquire 20% stake into JBF Industries, the company that is into Polyester value chain products from polyester chips to yarns and films. Now companies have a better financing options apart from banks, debt and capital markets. World class companies get capital from this route and it helps some companies think about big expansions or even re-start some of their old shelved operations. KKR has also investing in a cement project in Gujarat.
We had invested into JBF in November 2014, picked up 1% exposure as the stock came in our ranking tables at ₹225, today the stock price is above ₹300, giving us 33% profit on our investment in 10 months.
Looks like packaging business is doing well, our investments in SRF, another Polyester film manufacturer has doubled in the last one year. And recently Huhtamaki PPL also got into our portfolio at Rs. 240, which is today at 310, providing close to 30% profits in just 3 months from investing.
Even Cosmo Films has done a good run in the markets, it was a very recent addition into our portfolio at 120 in July 2015, at today's price of 174, this investment has fetched us 45% profits in just one month.
We had invested into JBF in November 2014, picked up 1% exposure as the stock came in our ranking tables at ₹225, today the stock price is above ₹300, giving us 33% profit on our investment in 10 months.
Looks like packaging business is doing well, our investments in SRF, another Polyester film manufacturer has doubled in the last one year. And recently Huhtamaki PPL also got into our portfolio at Rs. 240, which is today at 310, providing close to 30% profits in just 3 months from investing.
Even Cosmo Films has done a good run in the markets, it was a very recent addition into our portfolio at 120 in July 2015, at today's price of 174, this investment has fetched us 45% profits in just one month.
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