in Poultry Industry.For the past four years company
is performing very well. March 2010 turnover is more
than 136 crore and NP is 3.4 crore. On an equity base
of just 3.8 Crore company posted an EPS of Rs.9/- .
Currently it is trading at a price of Rs.30 with
a P/E multiple close to 3.Considering the growth
prospects of the industry, company`s pace of growth and
its plans to consolidate the business of companies under
the same management into a single fold and re-rating of
stocks like Venkys India and Srinivasa hatcheries in
recent past , it is a stock to watch at CMP of Rs.30/-
