Thursday, July 29, 2010

SRINIVASA HATCHERIES LTD - BUY@CMP- Rs.118/-




Increasing disposable income and changing food habits
made lot of changes in the fortunes of companies from
Poultry and hatchery industry. All listed players from this
sector are going through a re-rating currently. Srinivasa
Hatchery is a company from this sector which is
performing very well in financial front in recent times.
Srinivasa Hatcheries, the flagship of the Srinivasa group
was promoted by C Jagapati Rao and K Somi Reddy .
SHL is a leading company in the Indian poultry industry
started in 1978 at  Hyderabad. It is engaged in poultry
breeding and the production of broiler chicks. Its farms
and hatcheries are located in the coastal districts of
Andhra Pradesh and a poultry diagnostic laboratory
in Vijayawada. It is a reliable supplier of quality high
yielding chicks and working closely associated with
venkateshwara  group ,the undisputed leader in
Hatchery sector. For the full year of March 2010,SHL
posted a turnover of Rs.123 Cr and a net profit of
Rs.12 Cr . For the first qtr of  current FY itself company
posted a sales of Rs.37 Cr and a net profit of Rs.5.5 Cr .
Company recently  declared a bonus and 25% dividend
Currently it is trading around  Rs 118 /- which is close to
its yearly high . Considering its strong growth and re-rating
in this sector it is expected to give decent return even from
current level

20 comments :

  1. Hi ValuePick,

    Do u have any option to subscribe into your awesome blog. If not can u plz look into that for your valuable readers.

    Thanks

    Sudhir raj

    ReplyDelete
  2. Hi,

    Its wonderful to see a mirror image of our belief about investing ! Very nice. Congrats !!

    Would you comment / advise on some of my holdings like:

    Universal Starchchem
    Vulcan Engineering
    GI Engineering solutions
    Sanblue corporation

    Thanks a lot...

    Atul

    ReplyDelete
  3. Dear Sudhir

    Will look into it in future

    Thanks

    ReplyDelete
  4. Dear Atul
    Hold Universal starchchem and Vulcan.Promoter selling is a concern in GI engineering ,not tracking sanblue (La-mere apparels).

    Thanks

    ReplyDelete
  5. Superb recomendation ,thanks a lot

    ReplyDelete
  6. I HAVE SREE RAYALSEMA ALKALI LTD (BSE 507753)
    FUNDAMATEL ARE VERY STRONG
    POWER PROJECT ARE RUNNING
    CMP 13.25
    PERMOTER STAK 38.5%
    IDBI & IFCI STAK 35.25%
    COMPANI PERFORMANS ARE VERY-2 GOOD
    THE VALUE BUY STOCK
    IDBI & IFCI ARE SALE STAKE - WHAT RESION ????
    PLESE TELL ME

    ReplyDelete
  7. COSMO FERRITES LTD ARE IN SELLING PRESOR
    TECH IN LOWER CURCIT 5% AT 16.1
    WHAT HAPPEND

    ReplyDelete
  8. hats off up 20%

    ReplyDelete
  9. DEAR VALUE BUY
    WHAT YOU THINK GOVIND RUBBER 509148 BSE
    DUJODWALA PAPER 524276 BSE

    ReplyDelete
  10. Dear sir,

    what is your view of Autolite India Ltd., auto sector is performing very well and so component manufacture should also perform well, i am holding 2000 share @ 36. i can hold it for next 6 - 10 months.

    regards

    dainy

    ReplyDelete
  11. Can u pls give ur valueable openion on
    1. Twinstar software exports now twinstar industries - They are stated to hv 4 acres of land in Mumbai and now entering into power and infra business. They recently placed 5 million share at face value of 10. It is being traded at Rs.3.5. Once the plans fall into place it could b a multi bagger. Ur openion Pls.
    2. Facor Steel - Belonging to Ferro alloys group. Recent results r good. Turnaround the corner it appears. Available at Rs. 2.2. What's ur epenion.
    Thanks

    ReplyDelete
  12. how much money you have earned through this blog

    ReplyDelete
  13. Dear GHANSHYAM BHAI
    Govind rubber already mentioned here ,will look into dujodwala

    ReplyDelete
  14. Dear Dainly

    As u are aware ,auto industry is a cyclical one .I feel now we are at the top of a cycle .

    ReplyDelete
  15. Dear Anonymous
    Twinstar is a punter stock and Facor steel may move a bit but not seeing any substantial up move

    ReplyDelete
  16. Dear Anonymous

    If u need the exact figure how much I earned - send a mail to me .I will give the correct answer.

    ReplyDelete
  17. Sir amazing work !
    Srinivasa hatcheries is my favourite scrip decent promoters good business . .
    Have been holding the scrip since 140. [ pre bonus }
    strongly recommended for all
    Regards ,
    Sanam jain

    ReplyDelete
  18. Thanks for ur views on Twinstar and facor steel.
    I have TRC Financil services in very small qty. The stock doubled in the last 15 days. Should i ride the upmove or book the profit. This also appears to be a punters stock but unble to decide when to sell. can u pls help.

    Reddy

    ReplyDelete
  19. dear value pick,

    please dont dilute the sanity of this blog by thinking of introducing paid services. This is just a request from my side. The participation will go down immediatly when you introduce paid services.

    ReplyDelete
  20. Dear Valuepick,

    Which one would you choose between Venkys and Srinivasa hatcheries:
    Venkys : Market leader, larger sales distribution channels , more reach
    Srinivasa : better margins than venkys, trading at lower P/E as compared to venkys..

    Regards,
    Vijay

    ReplyDelete

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