Tuesday, April 24, 2012

GRANULES INDIA - RESULT UPDATE

  Granules India recommended as a BUY in last month @ Rs.79 /-( For old posting Click HERE ) ,today hits its 52 week high @ Rs.106 /- .      For the quarter ended March 2011,company posted a sales of Rs.188 Cr v/s Rs.120 Cr and a net profit of Rs.16 Cr v/s Rs.9 Cr (almost 85 % up) .Full benefit of its expansion will start to reflect from next year onwards.HOLD for long term.

5 comments :

  1. thank you VP for this wonderful call. Any update or view on Neuland lab?

    ramesh

    ReplyDelete
    Replies
    1. Thanks, Neuland is expected to de leverage using rights issue realisation and improve its performance in future.

      Delete
  2. Dear Sir,

    I feel CRAVATEX and PAGE INDUSTRIES are the best best for indian consumption theme.....

    I would like to know your valuable openions on CRAVATEX and PAGE INDUSTRIES.

    Pls tell us your openions on these stocks.

    Thanking you,
    SHANID V H

    ReplyDelete
    Replies
    1. "It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price."

      W .Buffett

      Delete
  3. Dear vp,
    thank you very much for granules. i did not buy when you recomended at 79. however i bought it when you repeated the same at 86. i did my home work before i made my purchase. very nice of you.

    ReplyDelete

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