Thursday, August 16, 2012

EPC INDUSTRIE' LTD - UPDATE







I have recommended this Mahindra Group company at least five times in the past .In a big positive development ,today company decided to amend its object clause of Memorandum of Association to enable it to diversify into other agri related areas like seeds, fertilizers, pesticides, agri chemicals, tractors implements, pumps, greenhouses, power, fruits and vegetables, meat and poultry, dairy, aquaculture, marine culture, grains and fast moving consumer goods. Recently the top officials of Mahindra indicated that their next important concentration will be in sun rise industries like Agriculture .I believe EPC Industrie' will be a key beneficiary of their decision and their latest plan to amend the object clause is the first step in this direction.

Happy investing ...

Discl : I have vested interest in EPC

16 comments :

  1. Sir,
    How do feel that the corporate governance of Mahindra Group would be with its acquired companies (such as EPC, Swaraj Engines etc.)? Also, their reward to minority shareholders?

    I remember they didn't treat the minority shareholders of Punjab Tractors well a few years back (after they acquired Punjab Tractors).

    ReplyDelete
  2. There is a big difference between Mahindr's other acquisitions and that of EPC.In all other cases , be it Mahindra Forgings,Mahindra Composites and the mentioned one ..etc are only backward integration for ensuring the growth of their main company.But EPC is an entirely new business for them.

    ReplyDelete
    Replies
    1. Mr.Valuepick, Agree with your view! Thank you for the recommendation.

      Delete
  3. Dear Valuepick,
    what is the Bse code for EPC industries?

    ReplyDelete
  4. What do we do with Ramsarup industries now Valuepick? Sell or hold? Rajiv

    ReplyDelete
    Replies
    1. I am not tracking and never recommended a Buy on Ramsarup

      Delete
  5. Can I enter at current levels.

    S Ghosh.

    ReplyDelete
  6. Valuepickji

    What do u think can be the market cap of EPC industries 5 years from now including dilutions....Further when do u think profits of the company improve from current FY12 PAT of c.6.5 cr. Thanks and ur doing a superb job of helping small investors like me..God bless you

    ReplyDelete
  7. i have following stock want to know your suggetion
    shree ganesh jewel 350@100
    granules 200@142
    rs software 100@127
    avt natural products 300@34.20
    berger paint 70@140.

    sunil bihar

    ReplyDelete
  8. Positive on Granules.Recommended profit booking before split on AVT .Not tracking the rest

    ReplyDelete
  9. Sir,

    I humbly seek your opinion on OPTO Circuits.It fell from 150 to 121 in a matter of few days
    Rangaswamy

    ReplyDelete
  10. Dear VP,

    Vadilal Ind. have appreciated by 90% since your recommendation. Thanks for your great Recco.

    Wishing you a happy Onam!

    Thanks,
    Robinn

    ReplyDelete
  11. sir r u following riddhi siddhi gluco biols.

    ReplyDelete
  12. Floating market cap of only 68 cr out of total 340 crores. This stock is definitely not gonna be available for general public in few months

    ReplyDelete
  13. dear sir,holding epc since your reco...am ready to be patient....trading and adding profit....

    ReplyDelete

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