Scripscan:Modern Dairies Ltd
Cmp:36
Code:519287
[Modern Dairies news,views and analysis/Prospects/big FMCG beneficary/amazing results/attractive valuation/growing at over 100%/Modern Dairies target price/robust business/Great buy/a potential doubler]
Story:-Another company which has got a super prospect.But scrip got hammered,why?No rationality and the result was bogus for most investors.Sales got more than doubled but Np slided.Well look at the EBITDA people,forget it,just add up deprication and interest to net profit and you would see the profit actually got doubled.Its a small company which has earmarked an expansion of 155 crs.Marketcap at present prices would be less than 70crs i assume.Previous year it made exports of less than 20crs this year already the exports have hit around 120crs.The promoters themselves put in 25crs to garner themselves more 15% stake.They could have placed the shares to any FII but they alloted themselves.Now when a promoter buying its own company shares,what can be the indication?Surely there is some great stuffs going on in the company..Promoters bought at 80 odd and at present its 30 odd.Do you feel owning a dairy business at these point of time would be fruitful for you given the above lines?Decide yourself.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment