Updates on Q2 results of Arman Financial and insights i
Dear Readers, Our Alpha/Alpha Plus recommendation for Jun’10 i.e. Arman Financial Services Ltd. (BSE CodeĀ 531179) announced its second quarter results for FY 2012, yesterday, post market hours. The results recorded by the company are very good; rather we are very pleased with the sequential growth in revenue at 14%. Considering the pace at which company is growing its operations and the extent of undervaluation, one can invest at current levels of Rs 26-28 (if you haven’t already made the…