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Wednesday, August 18, 2010

Ahlcon Parenterals (India) Ltd - RESULT UPDATE

I have recommended Ahlcon Parenterals on June 10, 2010 @ Rs.64/- After touching a high of Rs.98/-,it is currently quoting around Rs 88/-. Recently company declared good result and further communication with the company giving confidence in its performance going forward .So one can HOLD it and BUY on decline .

Old report can be accessed HERE

Following is the abstract of latest result

   JUNE QTR 2010        JUNE QTR 2009

TURNOVER           16.07 Cr                   11.9 Cr

NET PROFIT        2.83 Cr               1.44 Cr

EPS                       Rs.3.9/-            Rs1.97 /-