We remain *BULLISH *on* Polyester Film  Sector*, our preffered pick in the
sector is *POLYPLEX CORPORATION (BSE Code: 524051)*
As per the information from industry sources that the *PET film* prices have
further increased by *Rs.20-25/kg* with effect from 1st September 2010. So
the output price of the PET film are revised in range of *Rs.170-175/kg*against
*Rs.145-150/kg*(last updated in our attached report which was sent last
week).

We expect that this hike in prices would further boost the topline &
bottomline in* September 2010 Quarter partly* and *fully in December 2010
Quarter*.  The earning which we have estimated in last update, may get
further boost.



*Safe Harbor Statement:*

*Some forward looking statements on projections, estimates, expectations &
outlook are included to enable a better comprehension of the Company
prospects. Actual results may, however, differ materially from those stated
on account of factors such as changes in government regulations, tax
regimes, economic developments within India and the countries within which
the Company conducts its business, exchange rate and interest rate
movements, impact of competing products and their pricing, product demand
and supply constraints.*
**
*Nothing in this article is, or should be construed as, investment advice.**
*

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