GRANULES INDIA
From a level of Rs.79,this stock recommended at least five times in the past . Today ,Granules India hits its 52 week high @ Rs.192.( Initial Recommendation HERE) .Company scheduled an Extra ordinary General Meeting on 6th December to consider various matters related with the acquisition of Auctus Pharma .I believe, this Rs.100 Cr plus company ( Auctus Pharma) with USFDA approved plant for an amount of Rs.100- 120 Cr is not a bad deal for Granules in the long term. Still recommending to HOLD this stock.
SABERO ORGANICS
As in the case of Granules India ,Sabero Organics Gujarat recommended more than once from a level of Rs.55 onwards. Today stock closed around Rs.140 .( Initial Recommendation HERE) . Company reporting steady growth both in Sales and margins and already reported an EPS of Rs.7.50 in the half year itself against Rs.2.30 in last full year.Recently ,company received an instruction from Gujarat Pollution Control Board to stop its production from a unit located at Sarigam , Gujarat. But now ,company clarified that the authorities revoked its earlier order after a re-inspection and permitted more time to fully comply with the norms. Today in an interview ,company management assured that they are confident in meeting all required standards within the allowed three months time period .
Interview Link HERE
Requesting to HOLD the stock for long term
ALPHAGEO INDIA
This stock recently recommended @ Rs.38 which is currently trading around Rs..42 . As expected and indicated in my previous posting ,after a long gap ,company started to receive new orders from Indian oil exploration companies .Now company received two orders in last week ( Link 1 , Link 2) .Along with orders it received from overseas in recent times , these new orders giving more visibility for company's business going forward ( Fore more details ,read HERE) . One can HOLD this stock and even consider a BUY if ready to take above average risk.
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