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Showing posts from June, 2017

Rishi Techtex...Niche player (With Strong Leadership)

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Company : Rishi Techtex ltd (BSE code: 523021 ) Industry : Containers & Packaging Investment Horizon : Holding for 3 years (This can generate a consistent return over the investment horizon) Recommendation : At CMP of Rs.69 is trading at a 11% discount from 52 week High . Allocate not more than 2-3% of your portfolio. About the Company: Rishi Techtex Ltd, a well-established operating for last 20 years & having plants at Daman & Dadra (180 kms from Mumbai). The company manufacturers PP/HD Woven fabrics & sacks under Woven Division & Shading Nets under Knitted Division Woven Division: - It is one of Pioneer in Woven Sack Industry supplying to various Blue Chip Company in India to cater the packing requirement in Cement, Petrochemical & other Industries. In the Woven Division, it has capacity to process about 5000 MT per annum. Knitted Division: As a part of Diversification six years back, the company started its new initiative

Balasore Alloys: Raising Star 2

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Company Name : Balasore Alloys Industry : Iron & Steel (Ferro Chrome) Investment Horizon : Holding for 2 Years (This may not generate immediate return in the short term) Recommendation: At CMP of 47 is a good price. Can enter on dips too (This may not generate the immediate return in the short term) About the Company : Balasore Alloys, formerly Ispat Alloys Limited is part of the renowned Ispat group of Companies, a major business house in the country, promoted by the Mittals. The group's companies are spread across several countries besides India. Balasore Alloys was incorporated in the year 1984 at Balasore, Orissa and at present it has 5 furnaces with total capacity of 57 MVA to produce 95,000 MT bulk Ferro Alloys per annum The company has captive mines in different locations like Chromite ore mines in Sukinda Valley at Jajpur Road (Orissa) About the Industry – Already shared on Indian Metals (Both are same industry) Pros: Global