Saturday, October 16, 2010

LUDLOW JUTE AND SPECIALITIES LTD

Ludlow Jute and Specialities ltd is the first ISO 9002 jute mill in the world and belongs to SS Kanoria Group.Its jute mill is located in Hooghly in a 100 acre  prime land owned by the company.It is one of the best mechanized mills in the jute industry and its products are widely used in industries like Packaging,Carpet manufacturing,  Horticulture scrim cloth, Explosive, Fabrics and bags.. etc. Due to increasing awareness and mandatory requirements , fortunes of  jute industry is expected to get a boost in near future due to its bio-degradable nature over synthetic materials.Company is now modernizing it plants to increase the quantity and quality of its products. Company is improving its financials by exploring new opportunities and reducing wastage and other costs .For the first qtr of FY 2011 ,Ludlow posted a turnover of  Rs.77 Cr and a net profit of Rs.7.6 Cr .This growth is expected to continue in coming qtrs. Company also declared a dividend of 15% for FY 2010. CMP of Ludlow Jute is around  Rs.89/- .Long term investors  can consider it in any correction.

20 comments :

  1. Dear Value Pick,

    Sir I have query on Beckons Industries CMP @ 7.11. Their sales & profit margins are increased substantially as compared to last quarter. Do you think this can be a miultibagger in near term ? Please advice.

    ReplyDelete
  2. Bhagiradh Chemicals and Industries

    should we buy at current level?

    ReplyDelete
  3. Dear Jayapal

    Beckon Ind already mentioned here,search the blog

    ReplyDelete
  4. Already recommended an EXIT on Bhagiratha chem

    ReplyDelete
  5. JENBURKT PHARMACEUTICALS LTD -Sir I bought at 85 and it is now 80. Shall I accumulate or sell. If this is a good company then share price should not have fallen this much. Is there any trap/fishy here.

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  6. Dear Value Pick,

    I have gone through your earlier posting on Beckons Ind.and understood much. But I have some inside news about its price surge in coming days. Its purely operator based call and its one month target is about Rs.15/- Let us see,

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  7. My dear friend

    Share price of this company fell just 6% in two bad days ,but you are afraid of it .I feels you are not fit for investing in low volume mid caps .So....

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  8. @Anonymous,

    From your words i can realize that,u r relying on tips NOTHING else.

    Look @ value pick research Quality, first try to learn to read his report before Blindly buying stocks and then asking blah blah.. things.

    NO LAZINESS IN MONEY MAKING BIZ. :)

    Good company share price takes time to run, but if start running, it will be rocket.

    Please first study, analyse and then ask genuine questions.

    Thanks.

    ReplyDelete
  9. what are your views on cravatex
    ifeel its avalue buy but i see only one problem ......conflict of interest since proline india and cravatex are in more or less competing businesses
    thanks in advance

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  10. Dear value pick,

    I am having pasupti acrylon shares, there is news of good quater report & it is turn around story .
    Pls add your knowledge on pasupti
    Regards: Mahendra

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  11. Am a small invstr tracking this site fr past fw weeks(came to know thru mnycntrl)-do appreciate ur slflss srvc.Ihv bnfttd frm ur recos like KSCL,Cosmo ferrite& Sumedha Fiscal.& hv invstd small qntty n DFM Foods, Jenbrukt Phrma.I hope tht u wll help me with ur cmmnts on two stocks n which ihad lost so much money- Lok Housing 500256 & Coal Hub 533011.

    ReplyDelete
  12. Dear Mahendra

    Currently I am not tracking Pasupati Acrylon.But feels the image of group is not positive in stock market

    ReplyDelete
  13. Dear Friend

    I have not recommended Lok Housing and Coral hub and not actively tracking both.But I think it is better to avoid companies like Coral hub where promoters and operators are over playing

    ReplyDelete
  14. WHAT CAN BE TARGET PRICE OF LUDLOW AFTER ONE MONTH?

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  15. ludlow half yearly net profit is 16 crore from this estimate 30crore yearly NP.which is 30%ROMC.
    Very few co.giving such romc.when management payout was 15%dividend on 3 crore net profit last year this year on a np of 30 crore a hefty bonanza by way of good dividend/bonus can be expected. giriraj lahoti

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  16. Dear Valuepick,
    Ludlow juet s result has been good,Y it is falling down?
    Thank u

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  17. Hi chandra,

    Where were you when it was rising and u didn't asked why it was rising :).

    ReplyDelete
  18. Hi mahesh,
    I have seen n bought value-pick recommended buy after result came out.

    ReplyDelete

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