LUDLOW JUTE - UPDATE

I have recommended LUDLOW JUTE AND SPECIALITIES as a BUY on decline @ Rs.86/- ,before the declaration of second qtr result . Based on the robust performance I reiterate a BUY at current level of Rs.88/- .For the half year ended September ,Company posted a turnover of Rs.162 Cr  v/s Rs.108 Cr , a net profit of Rs.16 Cr v/s Rs.4.7 Cr   and an EPS of Rs.15/-

Old Report can be Accessd HERE