La Opala RG is an undisputed leader of Tableware items in India .The brand 'La opala' commanding a huge brand loyalty in Indian crockery market and the company also exporting its products to almost 30 countries around the world.La opala manufacturing opal and crystal glass wares from its units located at Deoghar and Udhamsingh Nagar in Uttarakhand.Company is steadily increasing its turnover in past many years and its is expected to cross Rs.100 Cr sales by FY 2012.Company is very keen to introduce attractive designs and new varieties time to time which is helping the company to keep its market share in the premium segment of tableware market. This trend is expected to continue in future.Company posted a turnover of Rs.27 Cr and a net profit of Rs.3 Cr in December qtr compared with a sale of Rs.21 Cr and a net profit of Rs.51 lac for the same period last year. Company having a good chance to grow with the increasing consumption theme of Indian middle class in coming years.Investors with long term view can include La Opala RG stock which is currently trading around Rs.66/- in their portfolio.Any dip to around Rs.50/- due to overall market sentiment may take as an opportunity to accumulate more .
Hi Sir, La opala is a good long term story and i think it will be a perfect portfolio pick for the patient investor . Thnks . Regards.
ReplyDeleteSir you are a great stock picker and value creator ..
ReplyDeleteHats off to your skills and conviction...