Agrotech Foods Ltd is one of my old recommendations @ Rs.327 /-( Click HERE for the old posting ) .For the quarter ended September , company posted a 7.2% decline in net sales to Rs 180.84 crore and an increase of 14.9% to Rs 11.23 crore in net profit.These results are satisfactory considering the fact that the company sold its Vanaspati business recently and this quarter result is excluding this business. A HOLD at current market price of Rs.420/-
Wednesday, 18 January 2012
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