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Wednesday 5 April 2017

Simmond Marshal - Throwing steam slowly

The stock recommended @ 67 on  31/7/16. The co. catering studs, nuts to Auto industry and have very good client base like Honda, Maruti, Ashok leylan etc. The co. is OEM and 65-70 %  of the total sale is exported. The domestic demand is also picking up. Just 2.9 Cr. equity and  50 years old co.  Looking to Auto industry growth, the stock has still potential to go up, worth buying @ 94-95 for medium to long term for keeping in portfolio.
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4 comments:

  1. Nirav Karia5 April 2017 at 20:01

    5hnks for new reco

    ReplyDelete
  2. PICK BEFORE PEAK5 April 2017 at 22:56

    welcome sir

    ReplyDelete
  3. Nirav Karia5 April 2017 at 23:39

    Can we buy this now at 96? Sir any time frame with tentative tgt?

    ReplyDelete
  4. PICK BEFORE PEAK6 April 2017 at 00:03

    Never run behind target, coz no one can predict upward target, infosys from Rs. 90 in 1992, still giving return and still no one know the target, so dont run for target and yes you have to give some time to co. to perform and when you comfort with profit then exit, Warren Buffet says : I buy the share for the life long time!!!

    ReplyDelete

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