IS IT TIME TO ADD EXCEL INDUSTRIES AT RS 56
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.
