Buy Shetron on dips

Shetron (BSE: 526137) is in the metal packaging industry and its clients are the big names in food processing and dry cell batteries. Battery consumption is bound to go up in the next few years and the next 4-5 years will see a boom in the packaged food industry. Supermarkets, hyper marts are becoming popular and selling more packaged food. India is just starting its baby steps in the packaged food industry and the huge potential still stays mostly untapped. The only concern I see is its relatively high debt; however, the growth in profits over the next few years will allow the company to reduce its debt burden and interest liability. Buy on dips and in small quantities around 40-41 for a target of 55 in 6-8 months (+34%). The script has the potential of crossing 70 in the next couple of years.