From the promoters of bank of rajasthan has put in excellent numbers during q3...wherein it posted 2470% increased in net profit of rs.13.4 cr on 61% higher sales of rs.126..during fy05, the company posed a profit of 1.6 cr for the 1st time since 9/11 which had resulted in cancellation of mass orders sinking the company into red
its eq capital is 28.1 crs....n reserves of 281 crs....book value works out to be 8.1 on a face value of 1....promoters hold 65%.....institution n corporate...10%....leaving 24% with public
ekil is on the right path right now as the promoters have chalked out a major expansion plan n foray into retail stores to cash in on the textile n retail boom
its products r used by many international brands like academy sports...costo..dominoes...urgent gear...tank..woolworth....jk williams....rivaldi etc n local brands like...vip...park avenue...proline
the company has decided to setup 8 malls at an investment of 5-6 crs each
the shares r traded at at 7.16 discounting its 1.4 eps by 5 times for 06 n forward eps of 2 by 4.2 times....industry avg Pe of 32 times....LOOKS QUITE ATTRACTIVE TO ME
Sunday, February 05, 2006
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