Q2 FY25 result update of " Pakka Ltd "

PAKKA - Paper & paper products - Smallcap PAT for the period stood at Rs. 16.87 crores, which is a 97.2% increase QoQ and 52.2% increase since same quarter last year. Valuation seems 'quite expensive' as per industry. Price chart shows uptrend and reaching near Resistance level of an existing trend. Opinion - The company's is in a controlled financial position overall, technicals also suggests bullishness, we can look to acquire and hold for mid to long term. Technically, CMP at Rs. 311 is a good zone to buy and can hold upto Rs. 415, also watch out for Resistance level at Rs. 335