This stock earlier recommended @ Rs.389 in 2010 which touched a high of Rs.1177 in February 2013 . Thereafter company splitted the face value of its shares from Rs.10 to Rs.2 .This United phosphorus promoted seed company reported very good numbers in latest June quarter and the prospects of the industry is very bright . Advanta corrected sharply in past few months( even after FV adjustment) and I believe it is the time to consider it again @ CMP of Rs.134.( FV Rs.2) . For more details about Advanta ,refer the old posting about it HERE
Thanks for your recommendation.
ReplyDeleteIs there any company specific reasons for share price decrease?
Nothing,I think.Actually the rise was very fast and sharp.
ReplyDeleteDear sir, is there any change in your previous opinion on Zicom Security?
ReplyDelete-mayank
No Change
DeleteSir,
ReplyDeleteWhat is your view on mmtc, polar ind and tata steel.
Thanks,
AMRITA
One can consider Tata Steel,but only in an SIP mode.No opinion about the rest.
DeleteSir,
ReplyDeleteMarksans Pharma de-registered from BIFR. is it good for company?
Thanks,
Raj.
Sure
DeleteDear VP,
ReplyDeleteWhat is your opinion on Uttam Galva Steel and Mangalam Cement at this point? I have both. Should I hold or accumulate? Currently, at loss.
Thank you in advance,
Nidhi
Both these cos are underperforming due to issues associates with the whole industry in which they are operating and not because of any company specific issues.
Deletehi,
ReplyDeleteI purchased Advanta at average price of 126.89 today. Though it was surprising to see such a huge correction from the previous high without any negative news flow. Rather I found that there was a disclosure that someone from promoter group purchased at 198 recently(FV 2).
Hope for the best.
Thanks
Regards
Sakharam
hello sir,
ReplyDeletewhat are your thoughts on kansai naerolac paints.do you think is it good levelto buy this stock.... Plz reply
Regards,
Prajawalit
I prefer Akzo Nobel
DeleteDear Sir,
ReplyDeleteWhat are your views on Vikas WSP?
No faith in the management of Vikas .So no opinion on this stock even if the product having reasonable prospects.
DeleteIndia Gelatine is driving me nuts... All the financial numbers looks perfect. The best part is Free Cash Flow as percentage of Sales: 13.64% . YOY dividend is increased and is virtually debt free. yet the price is not going anywhere.
ReplyDeleteSir, Do you think India gelatine has good future.
thanks
Deepak
Many mid caps are available at attractive valuation.But the sentiment towards mid and small caps at lower level and retail participation is very low.If not ready to show sufficient patience no meaning in investing in this market.On the other side,these are the times where we can buy stocks with multibagger kind prospects if we have very good patience.
DeleteSir,
ReplyDeleteJHS Svendgaard has moved from Rs. 6 to Rs. 10 in a short span of time. What is the news on this stock? Does it look good for investment?
Already expressed my negative view on this stock.
DeleteHello VP sir,
ReplyDeleteone basic question: when companies like Ion Exchange (amalgamation with Ion Exchange Services), Liberty Shoes (acquiring Liberty Retail Revolution), acquire their subsidiaries like this, then only standalone results will get impacted, but consolidated results will remain unchanged? Or I am missing something?
Depends on the percentage of holding in subsidiaries before merger.
DeleteHi VPji
ReplyDeleteIf I need to choose 1 stock among below ( to reduce excessive diversification) what would you suggest.
Rapicut
Eon Electric
Paushak
Simran Farms
I currently hold these but the invesment is too low to really bother. I will instead like to concentrate.
Thanks.
If you are looking for a concentrated portfolio it is better to avoid all of these and better to find something with lesser risk.
DeleteDear sir,
ReplyDeleteYour thoughts on Yes bank at current cmp?
Still I feel it is good for long term.Due to higher volatility go for an SIP.
DeleteDear VP,
ReplyDeleteWhats your current view on SKS Microfinance and SREI Infra?
Both have fallen to 52 week low. Is it a good buy at these levels?
Not tracking both.
DeleteGranules India net profit more than doubles
ReplyDeleteHYDERABAD, JULY 25:
Granules India Ltd’s net profit more than doubled to Rs 15 crore in the first quarter of the current financial year ended June 30, 2013 compared with Rs 6.3 crore in the year-ago period.
Revenues of the Hyderabad-based tablet maker increased 21 per cent to Rs 228 crore (Rs 189 crore).
The growth was driven by good performance across all verticals. “Our results are a harbinger of what is to come for FY’14. The fiscal year, particularly the second half, will be exciting for us as we continue to shift our sales to formulations as our production ramps up,’’ Krishna Prasad, Managing Director of Granules said in a release on Thursday.
The formulation expansion at the Gagillapur facility commenced operations during the quarter. The company expects to scale-up production throughout the year as it receives customer approvals.
Granules India scrip was trading higher by 3.06 per cent at 146.40 on the BSE on Thursday.
Dear sir,
ReplyDeleteYour views on Granules qly results...
Operational result is good and improvement in margin is significant.Upgrading to BUY from HOLD at Current market price.
ReplyDeleteHello I am impressed by your analysis and do like reading it, I am very keen to know your position on Hanung toys and Beml. I am certainly making huge losses on marksans pharma which I bought 3 years back n I m looking at averaging on it since it's out of biff I am a long term investor so look forward t o your advice
ReplyDelete