UPDATES ON PREVIOUS RECOMMENDATIONS

1) AHLCON PARENTERALS LTD

Recommended Price Rs.64

Current Price Rs.501 

Current Recommendation : Book Profit

Recommendation Link HERE

2) ROTO PUMPS  LTD

Recommended Price Rs.80

Current Price Rs.395

Current Recommendation : Sell 25 % of original holdings and keep the rest as cost free

Recommendation Link HERE


3) LA-OPALA RG

Recommended Price Rs.66

Current Price Rs.1013

Current Recommendation : Sell 10 % of original holdings and keep the rest as cost free

Recommendation Link HERE

AHLCON PARENTERALS / POLY MEDICURE - UPDATES

AHLCON PARENTERALS (INDIA) LTD

This stock recommended @ Rs.64 which is currently trading around Rs.360 /- ( Old posting HERE) reported better numbers in December Quarter under the new owners.Sales increased from Rs.20 Cr to Rs.27 Cr and net profit improved from Rs.1.68 to Rs.4.27 Cr .Those still holding this stock can continue to HOLD it .

POLY MEDICURE LTD

This stock recommended @ Rs.65 ( Adjusted to 1:1 bonus post recommendation) ( Old posting HERE) today hits its life time high @ Rs.490 .In  December Quarter company reported more than 100 % jump in bottom line .Those still holding this stock can continue to HOLD it .

AHLCON PARENTERALS (INDIA) LTD - UPDATE

AHLCON PARENTERALS (INDIA) LTD is one of my old recommendation at Rs.64 on June 10,2010 ( For the old posting CLICK HERE ) which is currently trading at Rs.373/- .German  medical and pharmaceutical giant B. Braun Melsungen AG made an open offer to acquire the shares of the company at a price of Rs.460/- share.

AHLCON PARENTERALS - UPDATE

I have recommended a BUY on AHLCON PARENTERALS @ Rs.64/- ,on 10th June 2010.(Old Report can be Accessed HERE)Currently it is trading around Rs.115/- ,an appreciation of 90% in four months .Company's financial performance is expected to improve further going forward. HOLD it for reasonable gains even from current level in medium to long term.

Ahlcon Parenterals (India) Ltd - RESULT UPDATE

I have recommended   Ahlcon Parenterals on June 10, 2010 @ Rs.64/- After touching a high of Rs.98/-,it is currently quoting around Rs 88/-. Recently company declared good result and further communication with the company giving confidence in its performance going forward .So one can HOLD it and BUY on decline .

Old report can be accessed HERE

Following is the abstract of latest result



                             JUNE QTR 2010        JUNE QTR 2009

TURNOVER           16.07 Cr                   11.9 Cr

NET PROFIT          2.83 Cr                     1.44 Cr


EPS                       Rs.3.9/-                    Rs1.97 /-

Ahlcon Parenterals (India) Ltd - BUY

Ahlcon Parenterals (India) Ltd is a New Delhi
based manufacturer of Pharmaceutical Intravenous
Fluids and Opthalmics Eye/Ear Drops. Company has
an installed capacity of 32 million bottles per
annum for LVP (Large Volume Parenterals), 144 million
units for SVP and 60 million vials of Eye drops
and Injections. Company is in the process of adding
more capacity for both of these products.
Various government initiatives and  increasing awareness
of general public assures sustained growth in Health
care sector.Last year company performed exceedingly
well and management is expressing confidence about
the days ahead..Company is also planning to diversify
into CRAM (Contract Research and manufacturing )segment.
Another company from the same group is Ahluwalia Contracts.
For the FY 2010 company posted a turnover around Rs.50 Cr
and a net profit of Rs.7 crore and an EPS of Rs.9/-
Company also declared a dividend of 15 % .
At CMP of Rs 64/- ,one may BUY for decent
appreciation in medium term.