Buy Salzer Electronics
1. 40% market share for rotary switches in India.
2. L&T holding 26% stake in the company. Proxy to Infra play.
3. Sales consistently increasing from Rs 176 Crs in FY 10 to Rs 244 Crs in FY 14.
4. June 14 sales and PAT at Rs 68.70 Crs and 3.16 Crs respectively compared to Sale and PAT of Rs 53.14 Crs and Rs 2.27 Crs in June 13.
5. Consistently dividend paying.
6. Rated 'A-' by crisil.
7. Largest Supplier to Indian Railways.
8. Sales of Rs 244 Crs but avaiable at a market cap of only Rs 134 Crs.
Strong buy at cmp of Rs 130 for long term.
Disc: It is safe to assume that I am invested in this stock.
1. 40% market share for rotary switches in India.
2. L&T holding 26% stake in the company. Proxy to Infra play.
3. Sales consistently increasing from Rs 176 Crs in FY 10 to Rs 244 Crs in FY 14.
4. June 14 sales and PAT at Rs 68.70 Crs and 3.16 Crs respectively compared to Sale and PAT of Rs 53.14 Crs and Rs 2.27 Crs in June 13.
5. Consistently dividend paying.
6. Rated 'A-' by crisil.
7. Largest Supplier to Indian Railways.
8. Sales of Rs 244 Crs but avaiable at a market cap of only Rs 134 Crs.
Strong buy at cmp of Rs 130 for long term.
Disc: It is safe to assume that I am invested in this stock.
this is vp sir gts 8 answer ?
ReplyDeleteYes...Hope you had bought some.
ReplyDeleteHello , Friend..I brought 20 shares @271/- on 18 -12-2014 just to test the water..I committed money than one can loose and not spend sleepless nights and have heartburn.
ReplyDeleteI just want to ask you if it has reached bottom or the correct valuation at which to enter.
I want to add more shares at this level.
I am a long term investor...minimum 1 year maximum 5 years to forever.
Please give your perspective about this stock..can it be held long term..is it a good business...future growth etc etc..Thankx..