IS IT TIME TO ADD EXCEL INDUSTRIES AT RS 56
Thanks Value Investor, I am accumulating this stock at around Rs.57 for sometime now. It suddenly jumped to Rs.64 couple of days back and then receded. Will it be good to hold Kalpana at around Rs.80.
On 9/12/07, value investor wrote: > > > Hi All > > The company is reported to be performing exceedingly well in the current > qtr to end sep 07.The qtr could end with a turnover in the range of Rs > 58/60 crs.Some of its raw material like alcohol prices have further > eased .Thus one could expect further improvement in EBITDA margins. > > Excel is now laying good focus on solid waste management business . > > Waste management in both Water And solid are the themes on which I have > foccused in the past.I am sure after some time this theme shall be hot > topic in future. > > Based on this very theme I have been bullish on ION Exchange and Hind > Dorr Oliver in the recent past. > > Excel is a must in growth portfolio. > > > > > — > VALUE INVESTOR > > Top line is Vanity, Bottom line is sanity, Cash is reality > > > >
