Dear Members, As I was reading today in one of the leading financial dailies, the September 2011 quarter has turned out to be the worst period for India Inc in three years with a sharp fall in net profit and shrunk margins. Sep’11 quarter has been marked by a moderate growth in top line and a fall in profit. Firm raw material prices, buoyant staff costs and a spike in fuel prices have hit the operating profit margins of most…
Dear Readers, In our last week’s Alpha Weekly, we had updated you on the second quarter results of our various Alpha Recommendations i.e. Cera Sanitaryware, Gujarat Reclaim, Wimplast. During the last 7 days, International Travel house announced its results which were more or less in line with our expectations, Cera unveiled it’s new brand identity and also mentioned about massive media campaign. Our Alpha Recommendation for Sep’11 i.e. Acrysil Ltd has forged new alliances. Happy Investing Best Regards, Ekansh Mittal…
Dear Readers, Our Alpha/Alpha Plus recommendation for Jun’10 i.e. Arman Financial Services Ltd. (BSE Code 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…
Dear Readers, On 10th Oct’11, we had covered the Risk arbitrage operation in Atul Auto Ltd. We recently closed the same with ~250% pre-tax return in a matter of just 2 months. While we were expecting the stock to go down to Rs 80/- per share (considering the market condition and the equity dilution), the stock didn’t correct much and gave ample opportunity, recently, to all the Right issue subscribers to book profit around Rs 110/- per share against the…