Tuesday, May 24, 2011

DFM FOODS LTD - RESULT UPDATE

I have recommended a BUY on DFM FOODS @ Rs.48/- ( Old Report HERE) which is currently trading @ Rs.126/-. Yesterday company reported good  performance in fourth quarter.Its turnover in fourth qtr is Rs.35.14 Cr v/s Rs.20.45 an  increase of 72 %  and net profit jumped to Rs.2.58 Cr v/s Rs.64 lac. In the full year ,company posted a sales of Rs.120 Cr and a net profit of Rs.8.32 Cr . On an equity base of  Rs.10 Cr  full year EPS is Rs.8 + .Company showing overall improvement including margins. One may hold at current level and BUY on declines below Rs.100/-
Posted by VALUEPICK at 6:10 AM
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1 comment :

  1. NRMay 24, 2011 at 1:44 PM

    Dear VP,

    I would like to bring few stocks to ur radar to have a detailed analysis & discussion on our blog.

    1. Indag Rubber
    2. Photoquip
    3. Suraj Diamonds
    4. Hind Industries
    5. Laopala
    6. SBT
    7. Wimplast

    Thanks

    NR

    ReplyDelete

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