For old study on Venky's, Click Here
Results are great. Further improvements in raw material prices with low inflation coupled with normal monsoon may result in even better results in the future. Scope of growth and expansion is always there.
So just hold it. Chicken is just marinated...Enjoy the full Barbecue.
Results are great. Further improvements in raw material prices with low inflation coupled with normal monsoon may result in even better results in the future. Scope of growth and expansion is always there.
So just hold it. Chicken is just marinated...Enjoy the full Barbecue.
| Venky's Quarter June-15 Results ( In Cr ) | |||
| Q1-2015-16 | Q1-2014-15 | Var% | |
| Turnover | 558 | 441 | 26.53% |
| Operating Exp | 522 | 429 | |
| Operating Profit | 36 | 11 | 227.27% |
| Net profit | 15.82 | 1.58 | 901.27% |
(Views are personal and should not be taken as a recommendation for buying or selling a stock. Stock markets are inherently risky so kindly do your Due Diligence before investing)
Gurpreet Sir, what's your opinion on Hikal Ltd? It has not participated in this bull run at all though the company belongs to a reputed group. Best regards.
ReplyDeleteHi Dear, You are right. Hikal is one of the very few indian Pharma companies which invest heavily in R&D. Hikal usually invests around 5% of annual sales which is great.Another one is Biocon which invests around 7-8%. It belongs to reputed Baba Kalyani Group (Bharat Forge).
DeleteI studied it long time back when it was around 450 (before split). It had invested big in Crams business which i think did not perform that well so it is giving normal results, nothing special.
But it is a good company, no doubt about that. Will study it and come back. But you can invest in it if you have some study.
Regards