Tuesday, January 26, 2016
Keltech Energies 506528 : An excellent pick at CMP 465-500 Target Rs 1000
Keltech Energies is in manufacturing of explosives.Company has a verySmall equity base of just 1cr
Excellent growth opportunities for the company with increasing demand in cement and mining industries.
EPS of Rs 40 expected in year 15-16.Stock available at PE multiple of 12-13
Long term target for one year Rs 1000+.
An excellent pick at current levels.
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good to hear from u sir after a long time.Thank You
ReplyDeleteSir pls create an Whatsapp based broadcast list so we can dicuss stock n stay in touch pls its an request....
ReplyDeleteMukesh G Results are bad. Is this continue to be in investment. Can add more on declines. Debts are also huge.
ReplyDeleteHarpreet Singh
9034313000.
Dear Harpreetji,
DeleteHune-2016 quarter results were flat but profitibility increased so in that context results were not bad.Stock is still undervalued since it is in a sector of explosives which is highly restricted business sector one can continue hold or can buy if falls further.
Regards
Mukesh Bhati