I have recommended LUDLOW JUTE AND SPECIALITIES as a BUY on decline @ Rs.86/- ,before the declaration of second qtr result . Based on the robust performance I reiterate a BUY at current level of Rs.88/- .For the half year ended September ,Company posted a turnover of Rs.162 Cr v/s Rs.108 Cr , a net profit of Rs.16 Cr v/s Rs.4.7 Cr and an EPS of Rs.15/-
Old Report can be Accessd HERE
Disclaimer: This Blog,its owner,creator & contributor is neither a Research Analyst nor an Investment Advisor and expressing opinion only as an Investor in Indian equities. He/She is not responsible for any loss arising out of any information, post or opinion appearing on this blog.Investors are advised to do own due diligence and/or consult financial consultant before acting on any such information. Author of this blog not providing any paid service and not sending bulk mails/SMS to anyone.
Thursday, November 18, 2010
Subscribe to:
Post Comments
(
Atom
)
SIR,
ReplyDeleteWHY THIS STOCK GO DOWN
Dear VPJI,
ReplyDeleteUnlike many other stocks of similar fundamentals, this stock seems to be less buoyant. Is there any specific reason?
Like lower perception on Management, Heavy debt, lack of corporate Governance... in your knowledge?
Please throw some light on this.
Regards,
Neeraj Sharma