Monday, August 9, 2010

SUKHJIT STARCH AND CHEMICALS - RESULT UPDATE

I have recommended  Sukhjit Starch and Chemicals HERE on 28th June 2010 @ Rs.169/-.Currently it is trading @ Rs.250/- Company has declared excellent June qtr result as follows :




                             JUNE QTR 2010        JUNE QTR 2009

TURNOVER           79 Cr                   58 Cr

NET PROFIT         8.5 Cr                     1.8 Cr


EPS                      Rs.11.6/-                  Rs.2.45 /-




One Can HOLD it for long term ,considering the improving  prospects of the industry and chances of a reduction in raw material cost going forward

7 comments :

  1. Please recommend me on this scrip
    'PRICOL'

    ReplyDelete
  2. Wonderful pick !
    Looking to all results of Starch companies, Sukhjit , Riddhi Gluco, Anil products - now best pick remains Universal Starch. March Cash EPS is Rs 5. A small cap company but looks potential.
    Pl offer your viwes. Thanks.
    Atul

    ReplyDelete
  3. Dear Atul

    I am also expecting better days for Universal Starch .Waiting for June qtr result to be published on 12.08.2010

    ReplyDelete
  4. sir what are your views on wockhardt

    ReplyDelete
  5. If you are ready to hold for long period say atleast 3 years ,may consider wockhardt in dips

    ReplyDelete
  6. Dear Viluepick,

    Your take on Riddhi Siddhi Gluco?
    Thanks

    ReplyDelete
  7. Sorry for misspell, Valuepicks.
    but I will appreciate your studious views on RSGBL.

    ReplyDelete

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