Buy FLEX FOODS (Bse :523672) for BTS Cmp. 115

FLEX FOODS is trading at PE of 19.06 whereas industry PE is 58.83

During Q4FY17, FLEX FOODS net profit zoomed 84.18% to Rs.4.31 crore on sales of Rs.24.69 crore fetching an EPS of Rs.3.46

For FY17, it has posted net sales of Rs.85.17 crore with net profit of Rs.7.85 fetching an EPS of Rs.6.31

Ace investor PORINJU VELIYATH also holds 1.25 lac shares in the company

Flex Food Limited is an associate company of UFLEX, a 2.3 Billion dollar company, leader in flexible packaging technology.