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Its come to my knowledge that, the company has mou between rajoo engineers and department of science & technology. under the mou, rajoo engineers will be setting up a biotechnology park in rajkot to produce biopolymers with an investment intention of rs 900 crore approximately).
15.50 is good support. Who had position do not sell. It will come to again 24/- level. Good products and management. Innovative technology in Plastic processing machinery. Hold for one year. Give very good return. In capital good industries is biggest benefit of demonstration. Bank is having good amount of funds. So in coming quarters. Such plastic processing company get good amount of orders. Plastic industries is fastest growing industries. This industries growing by 20 to 25%. Small equities Base. Promotor holding around 70%. Only few floating stock with retail investors. Invest like FD for multi fold returns. Buy or hold. But do not sell.

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