Friday, February 3, 2012

EPC INDUSTRIE - RESULT UPDATE




The Mahindra & Mahindra Controlled EPC INDUSTRIE posted excellent result for the quarter ended December 2011 , after the closure of market hours. Company posted a turnover of Rs.40 Cr v/s Rs.24 Cr and a net profit of Rs.2 Cr v/s Rs.30 Lac ( Up 560 % from same period last year)  in this quarter. This is the first result from the company after the management control is taken over by M & M.

Recommending a HOLD at Current market Price.

For old postings on EPC  click HERE and HERE



10 comments :

  1. Sir,
    With huge potential in the micro-irrigation space, MM has huge strength in rural side, and excellent results posted by EPC, would u not recommend a buy given market cap is only 200 odd crores from 2-3 yr perspective it could be a gr8 stock

    ReplyDelete
  2. Those who are in a position to subscribe the upcoming Rights Issue and willing to hold it for long term - a BUY even at current price.

    ReplyDelete
  3. dear sir whats is your view on ARSS infra. It has fallen down from high of 1400 and now availbel at Rs 132 . is it worth buying for long tem or it is a risky counter.

    ReplyDelete
  4. Depends on the terms and conditions of Debt restructuring if approved by the lenders of ARSS

    ReplyDelete
  5. Dear Sir! thanks on veljan out look.what about VICTORIA MILLS PLZ.

    SBK

    ReplyDelete
  6. Dear Valuepick,

    I want your opinion on Aries agro at current market price. I am already invested in it at Rs.114. Please give me your valuable advice about the strategy to be followed.

    Regards and thanks


    Vishnu

    ReplyDelete
  7. Is JP infraech good scrip for long term?
    or do you suggest IVRCL infra which has run up a lot recently . what is the future of these two companies. do you see any chance of fall in IVRCL infra in coming days for accumulation.

    and also provide your valuable commment on HCL infotech as ainvestment option keeping dividend yeild into consideration for long term.

    thanks in advance

    ReplyDelete
  8. Dear SBK

    not tracking Victoria mills

    ReplyDelete
  9. Dear Vishnu

    It is sad to see that even after satisfactory performance Aries is still under performing .Hope for the best

    ReplyDelete
  10. Bit skeptical about JP management

    ReplyDelete

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