UPDATE RESULT -Sukhjit Starch and Chemical

The co. has posted good nos. as  stand alone sales of Rs. 532.45 against  507.41 for the full year and EPS 31.44 vs 21.71 for the full year. Unseasonal rain was trouble for the co. but management has taken tactfully. The stock is worth to hold and good growth for the medium to long term.

UPDATE RESULT -Poddar Pigment

Poddar Pigments (PPL) is a pioneer in India for fiber-grade Masterbatches. The company has a unique distinction of being the first company in India to manufacture Masterbatches for dope dyeing of Polypropylene, Nylon & Polyester Multifilament Yarn/ Fibers.
The company manufactures color & additive Masterbatches for the dope dyeing of man-made fibres (MMF), various plastic applications and engineering plastics & compounds. These are essential products required for textile and plastic products.

The co. has poste little below estimate result , but not bad. Co. has posted sales of 318.27 cr. against 313.31 previous year and net profit of  16.31 against 13.46. EPS stood 15.37 vs 12.70. All major co. showing result decline, in this scenario some of co. showing little growth is good sign for the business. Once the economy revive midcap and small cap co. will do better.

UPDATE RESULT - GARWARE WALL

This stock was recomended @ 161 See old Recomend , has posted robust full year result. Co. posted full year EPS of 19.1 against 12.1 last year. Co. declared 30% dividend. Co has shown performance in growth both bottom line and top line with sales of  782 cr. (14% up)  and profit of 43 cr.(61% up) compare to last year. Co. can cross sales 1000 cr. in FY-16. Stock is worth to hold medium to long term.

UPDATE RESULT - LAKSHMI ELECTRICAL

The co. has posted good result for the whole year against previous year. Co. has posted EPS 33.51 against 25.9 for the previous year. Co. has shown top line and bottomline growth and also declared dividend of Rs. 7/ per share (70%). Stock is worth to hold as still it has good value and under value stock in terms of  PE and Book value.

DCB -BANK

This stock was recomended @ 82 See old recomend , now trading @ 134 , partial profit booking is advisable and keep rest of for the long term.

UPDATE RESULT - Sonata Software

The co. has posted strong growth in terms of sales , PAT and EPS. Co. has posted NP 117.47 cr. against 53.84 (YOY) and  11.17 EPS against 5.12 (YOY). The stock has potential to do well in future too. The sotck is worth to hold for the medium to long term.

UPDATE Result - Kansai Nerolec Paint

The co. has posted good Qtr. result and also good performance over YoY. The co. has also started Gujarat plant and co. has good presence in auto industry as well. The revival in auto industry, co. will expand its product and margin. The stock price 221 is quite cheap compare to industry leader Asian paints. The stock is worth to hold for 1 to 2 year and see more appreciation in coming days.