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/-
Hi,
ReplyDeleteVijay Shanthi Builders got approval from share holders for amalgamation of Vijay shanthi with High end homes. The ratio being for every 3 shares of High end homes , 1 share of Vijay shanthi builders given. Does this improve the future prospects of Vijay shanthi. I have invested in the same. Need your thoughts for clarity.
Regards
K.Murali
Vijay Shanthi plays smartly even though in tough times. And Indra Nooyi bought home built buy Vijay Shanti which confirms they maintain high standard before building home and they are conservative when it comes to spending which in turn means they will protect them-self if another crash comes. Vijay Shanthi is good future if one has patience.
ReplyDeleteValuepick sir might have more info on this front. :)
Thanks Mahesh for sharing your info. I also want to know on the impact of the amalgamation with High end homes. Can't gather much on this front.
ReplyDeleteRegards
K.Murali
An article related to chicken consumption :
ReplyDeletehttp://economictimes.indiatimes.com/news/news-by-industry/cons-products/food/Consumption-of-chicken-set-to-double-by-2014/articleshow/6021623.cms
ladha