Agarwal Industrial Corporation-531921 : Buy at CMP 97-100

Agarwal industrial corporation is leading supplier of bitumen used in road manufacturing and water proofing.With revival of investment in infrastructure and stable govt in place with strong focus on infrastructure this company is poised to deliver excellent demand for there products.Dropping crude oil prices would reduce raw material cost as well.

A profitable, dividend paying Company 14% paid last year
- Well established, integrated and diversified Company
- Promoters with over 4 decades of Industry experience
- Fine combination of backward and forward integration
- Healthy Financials with with low debt- equity ratio
- Lower PE Ratio on future profitability leading scope for enhanced capital valuation
- Capex requirements primarily from own resources


Q-1-14-15 results were excellent if Q-2 results which are about to be declared any time soon are good this stock could fly ...to 200 again