Tuesday, October 11, 2011

INDAG RUBBER - RESULT UPDATE

I have recommended a BUY on Indag Rubber @ Rs.95 on July 2,2011. Company reported good numbers for the quarter ended September , where its turnover moved from Rs.36 Cr to Rs.54 Cr and net profit rose 136 %
to Rs.5.24 Cr from Rs.2.22 Cr . Six months EPS is Rs.17.25 v/s Rs.8. Today Indag closed at its all time high @ Rs.143.25 ( up 20%). Long term investors can still HOLD the same .Company also declared an interim dividend of 15%

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3 comments :

  1. DEAR VP...INDAG RUBBER CALL WAS EXCELLENT...I BOUGHT ARIES AGRO AT 91, WITH LONG TERM PERSPECTIVE IS IT A GOOD BUY?

    ReplyDelete
  2. Dear Value Pick,

    After a long time I made some decent profit by investing in this stock on your advise.

    your recommendations are very good. some of the other sock i am holding are 1) kaveri Seeds 2) Avanti feeds 3) camlin fine chem 4) EPC ind 5) advanta india. on my own review i feel avanti feeds can give some appreciation in immediate time.

    thanks once again.

    ReplyDelete

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