Wednesday, August 3, 2011
DFM Food is one of my old recommendations @ Rs.48/- ( For Old posting - Click HERE) , which is currently trading @ Rs.161 near to its all time high.Today company declared excellent result with an improvement of 66 % in sales and 135 % in net profit . In the first quarter , company posted a turnover of Rs.34 Cr v/s Rs.20 Cr and a net profit of Rs.3 Cr v/s Rs.1.27 Cr . Full benefit of its recent expansion is expected to reflect from this financial year onwards. HOLD it for long term .