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Monday, May 9, 2016

India Bulls whole sale Services Limited : Stock update



IBWSS Limited was recommended on 4-6-2015 then at Rs10-11 level stock touches Rs 20 today which was target given for 1 year  thanks to excellent quarterly results.

Q-4-2016 Result highlights: Consolidated Revenue growth of approx 120% net profit increased against last q-4-2015 quarter by 1 times resulting in EPS of 5.66 in Q-4-2016 against EPS Of Rs 0.4 in Q-4-2015

Long term investor should continue holding based upon the recent turnaround results.Going forward similar performance in future may result in change in fortune of the company.

Technically stocks enters into uncharted zone after creating all time high and  may create new highs in future .

5 comments:

  1. Excellent Performance sir.

    ReplyDelete
  2. Amazing sir. Almost now 29/-.
    If the company continues same performance for this full year and posts EPS of appx.20/- where you think the price could be? 200+ at reasonable PE of 10..

    Is there something wrong in my assumption..Appreciate your expert advise.

    ReplyDelete
  3. Hi Mukeshbhai,
    Please feedback if my thinking is correct as mentioned above.
    Thanks
    Jay

    ReplyDelete

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