Friday, August 12, 2011

RAJESH EXPORTS - STERLING PERFORMANCE


The bengaluru based, world's largest jewelery manufacturer and exporter, has posted a net profit of Rs. 95.12cr for the quarter ended June 30, 2011, as compared to Rs. 47.40cr for the quarter ended June 30, 2010. Total Income has increased from Rs. 4283.45cr for the quarter ended June 30, 2010 to Rs. 4737.45cr for the quarter ended June 30, 2011. The company's OPM and NPM has improved substantially compared to the previous quarter. The stock is up 4% and trading around Rs 111 (FV Rs 1) at the exchanges.




4 comments:

  1. Dear Sir,

    I have 3.7 lacs to invest long term in stocks. Can you suggest some stocks to hold for 5 years?

    Thank you.
    Kumar

    ReplyDelete
  2. Buy Idea, Bharati, Hindalco, RIL, TCS,ICICI bank at CMP.

    ReplyDelete
  3. Mr. Prasanna,

    at what levels can we initiate the buying??

    ReplyDelete
  4. Buy 50% at current level, wait for some time. When it corrects, buy the rest.

    ReplyDelete