Monday, April 5, 2010

CHOKSI IMAGING - BUY

Choksi Imaging is incorporated in 1992 as an importer of photographic films. Later in 2000 onwards company completely exited from photography related business and started to concentrate in medical imaging business.Now company is a major supplier of medical related instruments which includes X- Ray films and chemicals,X-Ray accessories,Radiology equipments,colour Doppler,dialysers ..etc. Company representing a number of well known overseas companies in India which include ‘BIOSENSORS INTERNATIONAL’,CARESTREAM HEALTH,KYOKKO,DYNAWELL ..Etc.
Rapid growth in healthcare segment is expected in India in coming years which gives visibility for the business of Choksi Imaging . For the nine month ended in December 2009 ,company posted a turnover of Rs.107 crore and an EPS of Rs.9.15.In FY 2010 company is expected to post an EPS around Rs.13/- .CMP is Rs.47/- which is trading at a P/E multiple of just 3.5 which is very cheap for a dividend paying company like Choksi Imaging.

3 comments :

  1. Hats off

    up by 20%

    ReplyDelete
  2. I cannot see this company on MMB? pl revert

    ReplyDelete
  3. pls check with its old name -selvas photo

    ReplyDelete

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