Thursday, May 30, 2013

GANDHIMATHI APPLIANCES LTD - RESULT UPDATE

This stock recommended @ Rs.73 which is currently trading around Rs.370

For old posting click HERE

Company reported more than 300 % increase in net profit for the latest March quarter and declared a dividend of 25 %


12 comments :

  1. Respected VP Sir,

    I am following your blog since past 2-3 months, like your analysis approach. i came across a strange thing happened with my father's scrip.

    he had 100 shares of Gujarat Sidhee Cement since 3 years, now we realised that stock count has got reduced to 25 from 100 in demat account. when i digged over further, i noticed that company did some "share capital reduction". we did not get what is this. we did not get any money also if shares were brought back by company. with lots of hope, considering your inclination towards betterment of small investors, trying to approach you. can u please help, what have happened here ?

    with regards,
    Anant

    ReplyDelete
    Replies
    1. Share capital reduction to write-off its accumulated loss.

      Delete
  2. Dear sir , May I know your view on Metal stocks NMDC , HindZinc at CMP?

    ReplyDelete
    Replies
    1. Many metal stocks are at lower level and price move may be linked with the revival of world economy ,specially Chinese data.

      Delete
  3. Sir, Why One should invest in company whose management credibility has been proved bad in the past?

    ReplyDelete
    Replies
    1. People can change at any time .Whether they are ready to accept the past faults and willing to change or not is most important.This promoters already prived it .I think ,in second posting on this stock @ Rs.194 I have mentioned it:

      Read it in the below link

      http://value-picks.blogspot.in/2011/05/gandhimathi-appliances-repeat.html

      Delete
  4. Sir What is your view on Money maters is it right time to buy?

    ReplyDelete
    Replies
    1. Not tracking this one ,and more than that not interested to recommend any stocks included in PCA if it continue in the present form.

      Delete
  5. Dear Sir,

    I have query regarding Sequent Scientific. They almost doubled its losses. But they received nod from USFDA, which will is very encouraging factor for company. And they also launched employee stock scheme. Considering these thing, Do you think that it can be added in SIP mode for next 2-3 years. I am holding around 1K shares. Pls let me know your views.

    ReplyDelete
    Replies
    1. Not the stock but the attitude of investor is important in this case.A high risk investor with capacity to hold relatively long period can still go for it.

      Delete
  6. Dear VP sir, can I buy Godrej Ind and cairn @cmp for long term (2/3yrs)? Thanks.

    ReplyDelete

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