Yuken India is one of our favorite stock which we recommended twice @ Rs.140/- and @ Rs.160/- in the past .Currently it is quoting around Rs.235/-.Company declared its first qtr result on Saturday. Below is the comparative figures with last year same qtr:
JUNE QTR 2010 JUNE QTR 2009
TURNOVER 28.73 Cr 17.22 Cr
NET PROFIT 1.34 Cr LOSS OF 28 Lakhs
EPS Rs.4.47 /- - .87
Company's sales and profitability showing seasonal variations and historically June qtr is one of the weak qtr for the company .Even in such a qtr company performed well and raw material prices are stabilized now.Moreover company is planning a capex of Rs.15 Cr in near future to increase capacity and modernisation .The entire funding will be through internal accruals and loans.Considering all these facts ,better days are expected ahead and one can HOLD it.
Showing posts with label Result. Show all posts
Showing posts with label Result. Show all posts
Sunday, July 25, 2010
Wednesday, April 21, 2010
ARIES AGRO - RESULT UPDATE
Aries Agro has published its full year un audited results .For the full year company posted a net profit of Rs.12.5 cr. as against a profit of 1.27 crore for the same period in last year.For the three monts ended March qtr ,turnover is 36 crore v/s 25 crore and NP is 2.3 crore v/s a loss of 5.9 crore last year. Hold and BUY on decline.
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