Monday, April 28, 2014

DEEPAK NITRITE LTD , HIMALAYA INTERNATIONAL - UPDATE


 DEEPAK NITRITE LTD

Deepak Nitrite Ltd recommended @ Rs.191 hits its life time high today @ Rs.553 .Company's board will meet  on May 02, 2014,  to consider the split of shares and issue of bonus shares .

Still recommending to HOLD the stock.

Link to Old posting HERE 

HIMALAYA INTERNATIONAL

Himalaya  International  reported its March quarter numbers today . Company reported a topline of Rs.43 Cr v/s Rs.33 Cr and a net profit of Rs.3 Cr against a loss of Rs.4 Cr ( excluding extra-ordinary item ) reported in same period last year.Those with some risk appetite can still HOLD the stock.

6 comments :

  1. Hi sir.
    Pls respond this time.. Is vardhman textiles good for long term.. Stock looks heavily undervalued..
    Thanks
    Prakash K

    ReplyDelete
    Replies
    1. More than once indicated ,I am not tracking Vardhman Textiles.

      Delete
  2. Dear VP JI

    Every body says in many articles, SELL IN MAY , what do you think about the may month is going to be turmoil in the stock market.Please give your opinion about any possibility in may month/onwards

    best regards

    ReplyDelete
    Replies
    1. f everybody selling in MAY only because of this reason ,that may be the best time to buy .I am not believing in these type hypothesis and complex theories .If stock is available at attractive valuation one should buy whether it is in MAY or June .Look at companies potential and managements ability to utilise that opportunity and their attitude towards share holders.At present I am waiting for the outcome of election result and a clear picture of Monsoon.

      Delete
  3. "Those with some risk appetite can still HOLD the stock."
    dear sir,
    does this statement mean that the cmp has exceeded its value at present
    please advise to understand the situation better....regards

    ReplyDelete
  4. Sir, your views on deepak nitrite results....

    ReplyDelete

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