Showing posts with label transpek industry. Show all posts
Showing posts with label transpek industry. Show all posts

Friday, August 27, 2010

TRANSPEK INDUSTRY - BOOK PROFIT


I have recommended a BUY on TRANSPEK INDUSTRY at Rs.100/-  on 18th  July 2010 .(YOU CAN READ THE OLD REPORT HERE ) After one  month,now it is quoting around Rs.160/  - an appreciation of   60 %. Requesting profit booking at current level.

Saturday, August 14, 2010

TRANSPEK INDUSTRY - REPEAT

Earlier recommended @ Rs.100/- ,CMP is Rs.119/-

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Transpek Industry Ltd is a 45 year old company established
in Baroda by Shroff Group.It is one of the largest
producers and exporters of organic and inorganic chemicals
from India. Its products are used in industries like
Petrochemicals, Pharmaceuticals,Agrochemicals ,Dyes
and polymer.Company manufacturing more than 50
products used in these industries.Out of the total sales,
close to 60% income derived from exports and balance
from domestic sales. Transpek has a good research division
too for inventing new products.In last financial year
performance of the company was severely affected by
foreign exchange loss on derivative
contracts which the company entered to hedge the risk.
Now after the stabilizing of exchange rate and improvement
in demand of company’s various products ,it is expected to
perform better in this year. One can BUY for decent return
in medium term at CMP of Rs.100/-

Sunday, July 18, 2010

TRANSPEK INDUSTRY LTD - BUY

Transpek Industry Ltd is a 45 year old company established
in Baroda by Shroff Group.It is one of the largest
producers and exporters of organic and inorganic chemicals
from India. Its products are used in industries like
Petrochemicals, Pharmaceuticals,Agrochemicals ,Dyes
and polymer.Company manufacturing more than 50
products used in these industries.Out of the total sales,
close to 60% income derived from exports and balance
from domestic sales. Transpek has a good research division
too for inventing new products.In last financial year
performance of the company was severely affected by
foreign exchange loss on derivative
contracts which the company entered to hedge the risk.
Now after the stabilizing of exchange rate and improvement
in demand of company’s various products ,it is expected to
perform better in this year. One can BUY for decent return
in medium term at CMP of Rs.100/-

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