Sabero Organics Gujarat initially recommend @ Rs.55 ( For old posting ,click HERE ) which is currently trading around Rs.137 .For the latest September quarter,company reported a turnover of Rs.214 Cr v/s Rs.136 Cr and a net profit of Rs.16 Vr v/s Rs.4 Cr .In the the first half itself ,company reported a consolidated EPS of Rs.7.63 v/s Rs.0.63 . It is expected to perform well going forward due to hike in its product price ,higher demand due to good monsoon,better realisation due to rupee depreciation..etc..Recommending to HOLD the stock for long term.
Thursday, 17 October 2013
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