While we continue to maintain our bullish stance on the counter owing to the strong demand in plumbing systems from the replacement market as well as new markets coupled with ATPL’s ongoing capex plans to increase its product offerings, we advise investors to book partial profits.

DSIJ's stock recommendations

Low Priced Scrip is hidden gem, today's underdog, a stock with future potential that is expected to fetch returns within 1 year. This is a stock picked carefully based on a fundamental analysis of the company.

The company recommended as the Low Priced Scrip for this issue is the single largest provider of packaging solutions in India, catering primarily to the defensive FMCG, pharma, chemicals and beverages industries.