KCP has reported a sales turnover of Rs 182.37
crore and a net profit of Rs 23.59 crore for the quarter ended Jun ‘12.
Buy KCP Ltd.
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Time to buy KCP on decline. Excellent result, excellent stock and excellent value buy.
ReplyDeleteCan you get a dividend paying cement stock with growing EPS below PE RATIO of 5 times?
ReplyDeleteRs.33 is strong support zone level where buying in small lot can be done.
ReplyDeleteStrong infra story means strong cement consumption story and KCP is most value cement buy which have potential to deliver 100% returns from the current levels.
ReplyDeleteSequential growth in net profit in Q1 have gone up to Rs. 23.59 crores from Rs.8.53 crores which is mind boggling 200% increase. Such a excellent bottom line growing company going cheap at Rs.33 per share. Strong buying on delivery basis shall deliver very good returns in time to come.
ReplyDeleteNet profit margin have gone up from 12.93% to 4.265% in Q1. Retail investors must sit tight with the stock. Short term target is Rs.40.
ReplyDelete