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Saturday, May 30, 2015

Joindre Capital Services(531861) : Best Bargain Buy at CMP of Rs 10.7 Buy for 6 month to 1 year Traget of Rs 20




 
Joindre Capital Services Ltd. was incorporated in 1995. The Company has spread its business all over India.

With major thrust on Retail Broking, the Company, the company has strong IPO and Mutual Funds division for the benefit of the clients. Research brings latest reports giving specific developments in the stock market. Being client-focused the company offers Internet trading platform. Portfolio Management Services offers best schemes based on client need of wealth creation.

Joindre Capital is member of National Stock Exchange of India Ltd., Bombay Stock Exchange Ltd. and many regional exchanges in India. Joindre Capital is also Depository Participant member of Central Depository Services Ltd.

Financials: Company has reported turnover of 19.64crores for FY-14-15 with top line growth of almost 80%.Net profit for year 14-15 was 3.78 crores almost doubled in comparison to last financial year. EPS for year 14-15 Rs 2.73 ,last year EPS 1.44 .  Book  value Rs 21.

Dividend : Company has also declared dividend of 7.5% for year 14-15.

In lieu of astonishing financial performance the stock should get rerated and can easily touch Rs 20 in short run.

Short term long term investor should buy at current levels of Rs10.80 for 100% returns.

Don't get surprise if stocks hit repeated circuits to achieve given targets going forward

BUY.....  BUY......   BUY and…….. Enjoy !

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