I have recommended LUDLOW JUTE AND SPECIALITIES as a BUY on decline @ Rs.86/- ,before the declaration of second qtr result . Based on the robust performance I reiterate a BUY at current level of Rs.88/- .For the half year ended September ,Company posted a turnover of Rs.162 Cr v/s Rs.108 Cr , a net profit of Rs.16 Cr v/s Rs.4.7 Cr and an EPS of Rs.15/-
Old Report can be Accessd HERE
Wednesday, 17 November 2010
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