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Saturday, August 1, 2015

Daichi karkaria : Stock update : Reccommended buy at Rs 135 on 1-11-2014 touches new high of Rs 365 on 31-7-2015



Stock has given decent returns of 120% in 9 months long term investor should continue holding the stock.

June-15 results have been declared and company has excellent improved quarter on quarter performance.

Turnover has increased to 29.4 crores for June-15against 24 crores achieved in June-2014-June.
EPS for quarter June-15 is 4.48 against 1,91 achieved in June-14.

Final dividend of Rs 2 and special dividend of Rs0.50 has been declared.

Revised target of Rs 450 for long term investors.

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