Saturday, February 27, 2010

KOPRAN - This old Lion may roar again

Price when posted : BSE: Rs 29.00 ( 4.88 % ), NSE: Rs. 28.95 ( 5.08 % )

Once Kopran was the largest manufacturer of Amoxicillin in India and it was the feather in the cap of Parijat Group led by somanis . In 1994 its share price touched a high of Rs.830/-.Its name later heard in association with KP stocks scam along with other companies like Ranbaxy,Cadilla, Nirma ..etc.Anyway after that Kopran sold off its prestige brands like `Smile` to other companies and its share price nosedives even to Rs.6/- .
Later all Parijat group companies (Oricon Enterprises,Kopran and Excel Glasses) goes through severe working capital crunch . In 2007 Parijat group started its efforts to revive their companies one by one with the help of Clearwater capital partners (a P/E fund specializing in reviving ailing companies due to lack of sufficient working capital)and fresh fund infusion by promoters . As aresult of these efforts On better financial performance , share price of Oricon Enterprises moved from a one year low of Rs.20/- to the current level of Rs.360/-. After the case of Oricon , Kopran is now showing signs of some revival.After a long time company has posted some promising results in December qtr. Company posted a turnover of Rs.40 crore v/s 30 crore and net profit of Rs.1.12 crore v/s a loss of 6.6 crore in this December qtr compared with last year same qtr. It seems to be an early indication of some good days ahead .Now company decided to focusing on international markets through its formulations and API`s business. If you have some patience ,add some doze of Kopran in your portfolio.This may turn to be another multibagger....


  1. Kopran bse code 524280@42/= is a great turnaround story of 2010.Exactly the same happend with LUPIN when it was quoting at 62/= way back in 2002 and looking at the low price I bought the stock in huge quantity.Lupin is now trades at 1900+ ex 1:1 bonus.I feel same thing is happening here with KOPRAN and looks super multibagger from hereon.In fact,it is another LUPIN in making.Good opportunity to grab such stocks and held on for super duper profits.Cheers.

  2. Sir, Can, I buy Kopran at CMP?



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