Sabero Organics Gujarat initially recommend @ Rs.55 ( For old posting ,click HERE ) which is currently trading around Rs.137 .For the latest September quarter,company reported a turnover of Rs.214 Cr v/s Rs.136 Cr and a net profit of Rs.16 Vr v/s Rs.4 Cr .In the the first half itself ,company reported a consolidated EPS of Rs.7.63 v/s Rs.0.63 . It is expected to perform well going forward due to hike in its product price ,higher demand due to good monsoon,better realisation due to rupee depreciation..etc..Recommending to HOLD the stock for long term.
Hat's off Mr VP.
ReplyDeleteYour research on this stock is awesome couple of years back itself. I have been following and invested in this stock. Small investors like us are very much grateful to you sir.
MVReddy
Thanks
DeleteHi Valuepick,
ReplyDeleteKindly share your views on the turnaround that Sintex is showing (last quarter results exceeded market expectations). Is it a good time to enter now ?
Thanks
-Sachin
As you are aware ,Sintex is a good brand but at the same time - a company with huge debt burden.They again going for a new spinning unit at a cost of Rs.1700 Cr.Without knowing the means of finance, It is difficult to comment on it.
DeleteSir new here and thoroughly enjoying ur encyclopedia knowledge.Please disect sintex & Escorts.
ReplyDeleteappreciate
Read the above reply for Sintex,not tracking Escorts.
DeleteDear sir,
ReplyDeleteBlue star infotech results: your view sir?