Granules India reported good numbers for the quarter ended March .Company's top line is Rs.317 Cr v/s Rs.204 Cr and net profit is Rs.24 Cr v/s Rs.12 Cr .Full year EPS is Rs.37.20 v/s Rs.17.21 .Company also declared a dividend @ 35 % . Company recently acquired Actus Pharma which owns a USFDA approved facility .Turn around of Actus Pharma and commercial operations of its joint venture with Ajinomoto Omnichem ..etc are expected to keep the growth momentum of the company in the years to come.Recommending to HOLD the stock .
Company Press Release HERE
Old Recommendation Link HERE
Company Press Release HERE
Old Recommendation Link HERE
Sir,
ReplyDeleteWhat's your view on Manappuram Finance
As of now ,not tracking any company from this sector.
Deletethanks vp sir..I am holding since your 2nd recommendation from 160 levels. Great call for everyone and this turns out to be like another big multi bagger. wish you healthy life & keep us updated about next multibaggers in future.
ReplyDeleteSir What is your opinion about mahindra ugine steel company?
ReplyDeleteInvestors worry a sub-normal monsoon would scuttle the newly listed Nath bio gene and the effect is seen in price is down from 99+ to now 76/=
ReplyDeletesir, please suggest whether I can add more to reduce cost or exit with huge losses.Thanks.
Effect of sub-normal monsoon ( if it happens so) may affect the entire economy and specifically to companies related with Agriculture. In that sense Nath Bio is not an exception. But we should not forget ,even in the past we experience the same situation in many years but all the listed seed companies has grown from small to big to large. In short term investor sentiment may affect the share price of these companies but we can't sustain without food and seed is an evergreen business. I don't know why investors are not able to look beyond few months or few years and behave like short term players in market.Whether it is the time to Sell or an opportunity to add this stock purely depends on each one's approach towards the stock.
DeleteSir, your old recommendation ABCIL has hit rs. 200, Is it right time to book profits and exit or can I continue hold the shares, please comment, Ramana
ReplyDeleteLow risk investors,especially just before an important event ( election result) may book part profit.
Delete