Wednesday, February 12, 2014

CAPLIN POINT LABORATORIES - RESULT UPDATE

Caplin Point Laboratories recommended as a BUY @ Rs.86 ( Old posting HERE)  ,reported its December quarter result today. Company reported an increase of 30  % in sales and more than 100% jump  in net profit compared with same period of  last year.


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 Recommending to HOLD the stock and high risk takers can consider an entry even at CMP Rs.112

8 comments :

  1. Dear VP,
    What ur view on Ashapura Minechems results? Sales are down and also no confirmation on the complete settlement figures regarding forex derivative losses. Frankly I am dissapointed.
    Please let us have your views.
    Regards,
    Pratul

    ReplyDelete
    Replies
    1. I don't think there is any big reasons for disappointment .MOre than 5 banks are involved in settlement scheme which may normally take some time .Recently management indicated the possibility of settling entire debt by end of FY 2015 . By then our economy may also look up .Wait with patience..

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  2. Sir several times i requested to you that what is your view upon Maxwell industries ltd. But you did not reply to me sofar particularly for this stock i thing it will be your comming pick

    ReplyDelete
  3. Sirji, it is a valuable advice for me if u provide it today or tomoro itself. today suprisigly i got 100 shares of nath biogen from bse. Hope tomorrow I can buy more. is it worth to buy 1000 shares tomorrow s price. uday kammath.

    ReplyDelete
    Replies
    1. I believe ,stock is worth even at Current price for long term investors. Price difference in both exchanges may be a reason for some selling today.

      Delete
  4. Any comments on Sequent's results sir, doesn't show any sign of coming out of losses any time soon even though sales are increasing ?

    ReplyDelete
  5. It is practically very difficult to answer for questions related with the same company on a continuous basis .This same question answered very recently below the posting 'GTS -4 Answer' .Before commenting please check whether the same question answered in recent times.

    ReplyDelete

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