Mep infra Result Update and revised SL

-
Dear Blog Readers 

We have recommended MEP infrastructure at 112 on 09/11/2017.  Stock made 116.70 high  after recommendation.  But due to bad result it fall down to 101 level. 

Result :-


  • MEP Infrastructure Developers Ltd. has reported financial results for the period ended September 30, 2017.
  • The company has reported net sales of Rs.438.09 crores during the period ended September 30, 2017 as compared to Rs.466.74 crores during the period ended September 30, 2016.
  • The company has posted net profit of Rs.6.54 crores for the period ended September 30, 2017 as against Rs.62.41 crores for the period ended September 30, 2016.
  • The company has reported EPS of Rs.0.40 for the period ended September 30, 2017 as compared to Rs.3.84 for the period ended September 30, 2016.
  • The company has reported net sales of Rs.859.82 crores during the 6 months period ended September 30, 2017 as compared to Rs.947.57 crores during the 6 months period ended September 30, 2016.
  • The company has posted net profit of Rs.39.06 crores for the 6 months period ended September 30, 2017 as against Rs.152.53 crores for the 6 months period ended September 30, 2016.
  • The company has reported EPS of Rs.1.20 for the 6 months period ended September 30, 2017 as compared to Rs.5.90 for the 6 months period ended September 30, 2016.


 I believe that stock can move up towards it's new 52 week high shortly,  one can accumulate this stock here for Targets of 150+, with SL of 90.

 Thanks 

Comments

Post a Comment

Popular posts from this blog

IOL Chemicals And Pharmaceuticals Limited

-
Image
IOL Chemicals And Pharmaceuticals Limited (CMP 82.30) COMPANY OVERVIEW :- Company was established in 1986, IOLCP is India's one of the leading generic pharmaceutical company, and is significant player in the Organic chemicals space. IOLCP has wide presence across various therapeutic categories like, Pain Management, Anti-diabetic, Anti-hypertensive, Anti Convulsants, etc.  IOLCP  is the second largest producer of  Ibuprofen  in India and fifth largest in the  world . Company is engaged in pharma and speciality chemical business,  It is one of the largest producer of ethyle Acetate (87,000 TPA) and ISO Butyl Benzene (IBB) in India with over 30% of the global market share and a major player in Ibuprofen. It has forward-integrated this vertical to the pharmaceutical segment with end products such as  ethyle Acetate, Acytile chloride use in as key raw material for ibr...
Read more

ALUFLUORIDE Ltd. (Once again)

-
Image
Dear blog Readers,                           ALUFLUORIDE  was recommended on 12/05/2017 at 64.                          ALUFLUORIDE  made new 52 week high of 199 on 06/09/18 and achieved my all Target. click here :-  https://hiteshyadav.blogspot.com/2018/10/alufluoride-200-multibagger-returns.html OLD UPDATES OF  ALUFLUORIDE   ON BLOG :-  Link to ALUFLUORIDE old call :-  Click here once again  ALUFLUORIDE is looking good at 120 levels. =========================================================== Name of Stock :- Alufluoride Ltd. (cmp 123) COMPANY PROFILE :-  Alufluoride Limited started the project in 1993 for producing Aluminium Fluoride and related products. The project was completed in record time at a cost of Rs.200 million. Trial runs commenced in Nov, 1994 and a quality ...
Read more

NGL Finechem Ltd.

-
Image
NGL Finechem Ltd.  c mp :- 455 CODE - 524774 COMPANY OVERVIEW :- NGL Fine-Chem Ltd is a manufacturer of pharmaceuticals and intermediates for usage in veterinary and human health. Manufacture APIs and Finished Formulations for usage in Human & Veterinary health. Have over 30 years experience in manufacturing and we cater to various multinational companies to manufacture high quality products with reliability and flexibility. Core expertise in multi stage organic synthesis of APIs and Fine Chemicals helps us support customers with unique and challenging manufacturing requirements. Export to over 35 countries globally and all our products are supported with Drug Master Files. Operates in 3 cGMP facilities around mumbai.    These plants have been designed to meet the requirements of Drug regulatory agencies and are capable of a wide range of reaction capabilities. Company is more focused into veterinary APIs. Though they do veterinary formula...
Read more