Saturday, April 16, 2011

RAJVIR INDUSTRIES -BUY





Rajvir Industries is a good company in a boring business.This company is a maker of yarns but catching the attention because of  the aggressiveness of the management. This Andhra based company is making various types of yarns and also having a dyeing facility.Company is supplying is products to various industry majors like Grasim .Rajvir corrently operating five spinning units and one dyeing facility.What differentiate this company from many of the spinning units is the wide variety of yarns the company producing.This includes special varieties like organic cotton yarn ,flame Retardant yarn ..etc along with other varities like spun,silk,wool ..etc mixed with cotton .Company having a good R&D to develop new varities of yarns and aggressively expanding their business beyond India .It already exporting its products to USA ,Korea ,Taiwan..etc and doubled its exports earning in last year.In FY 2010 Company posted a turnover of Rs.203 Cr and a net profit of Rs.2.27 Cr. For the nine month ended December 2010,Rajvir increased its turnover and margins significantly .It posteda turnover of Rs.200 Cr and a net profit of Rs.12.15 Cr .On an equity base of Rs.3 Cr ,EPS is Rs.40/- .It is expected to post an EPS around Rs.55/ in this full year .At CMP of Rs.164/- ,Rajvir is currently trading at a P/E multiple of below 3.A riskless bet for decent gain in medium to long term ,low liquidy is a point to note. Listed both in NSE and BSE.

17 comments :

  1. will you please advise on:
    1. sicagen
    2. cubex tubing
    3. zee learn
    4. kohinoor broadcasting.

    ReplyDelete
  2. DEAR SIR,
    KINDLY ADVICE ON SOME SHORT TERM SCRIPTS HAVING HIGH RISK LIKE KANCHAN INTERNATIONAL???

    ReplyDelete
  3. will give advice about jsw energy for long term....

    ReplyDelete
  4. Madhu

    Hold Zee Learn - not tracking the rest

    ReplyDelete
  5. KMD

    Not interested to convert it a place giving 'TIPS'

    ReplyDelete
  6. I really appreciate your post and you explain each and every point very well.Thanks for sharing this information.And I’ll love to read your next post too.
    stock Tips

    ReplyDelete
  7. sir,
    any turn around in DHANUS TECH?

    ReplyDelete
  8. Hi Any comments pertaining to 'JM Financial'

    ReplyDelete
  9. Dear VPJI,
    what is your view on the IPO of Muthoot Financials Ltd? Is it a worthy IPO to apply for? Expecting your urgent reply.

    Neeraj Sharma

    ReplyDelete
  10. sir,

    any developments in jkagri, shall we buy now for longterm?

    regards
    gopi

    ReplyDelete
  11. Hi Sir,
    i would like to invest in small cap share [price below Rs.30/- ]for long term, say 5 years. Can you please suggest me some stocks.

    Thanks
    Shaik

    ReplyDelete
  12. Madhu

    Bit skeptical on the management of Dhanus Tech

    ReplyDelete
  13. Dear Neeraj

    Muthoot IPO is ok,but the number of shares offered are huge so listing gains may be capped

    ReplyDelete
  14. dear sir ,

    kindly change the template of the blog it is not getting loaded in mobile

    i hope you will consider my view

    regards'
    rajamani

    ReplyDelete
  15. hi value pick
    if it was for a period of holding for a year or so which stock would you recommend rajvir industries or sah petroleum?im not a very long term investor.
    thanks
    kiki

    ReplyDelete
  16. Seems to be a very high debt company ji

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  17. Dear sirji

    the meeting that took place on the 29th has come out to be interesting in the sence the promoters are uping there value.

    are the june results being dismissal a caveat,and the comming future results too

    Yor buy recomendations for long term looks really very long? ah ah ah

    ReplyDelete

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