India Investment, Stocks, Credit Card and Retail Forum
Investments in Indian Equity and Research => Equity Investments, Fundamental Research and Sectors Review => SmallCap Stocks India => Topic started by: chetan on April 24, 2011, 01:44:36 PM
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The Same Bull who recommended Camphor & Allied Products is also recommending this. When his recommendation reached us, it was Rs 80 and the stock has now jumped to Rs 90. WE have not bought it, but here is the justification the BULL has given on the stock.
Windsor Machines reported 188% increase in the net profit from INR 3.16Crs in Q3FY10 to INR 9.09Crs in Q3FY11 and INR 7.22Crs in 9 months FY 10 to INR 23.65Crs in 9 months FY 11 which has a increase of 228% over previous 9 months. Company has announced restructuring through BIFR order as a result which there is equity reduction from INR 13 crs divided into 1.3 cr shares of Rs 10 paid up to INR 5.2 crs divided into 2.6 cr shares of Rs 2 paid up.
More details http://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=522029