Saturday, April 11, 2015

APM INDUSTRIES LTD (523537) :- BUY AND ACCUMULATE

Dear friends,

 

 Today we are discussing stock from Textiles sector, this stock can give decent return in medium to long term portfolio like recent our stock pick MENON BEARING surge 30% in just two days




                         

                     " APM INDUSTRIES LTD "


APM INDUSTRIES LTD, formerly know as (ORIENT SYNTEX), is managed by highly qualified professionals from various fields, who share their vision and business acumen. APM strength lies in its skilled & dedicated workforce and continuous upgrading of human resources skills. APM INDS  is equipped with most modern and state of the art spinning machinery, including auto coners from Savio Italy & TFOs. There is a modern in-house Research & Development department equipped with latest testing equipments.. The latest Dyeing Machines and Color Computers tests and match the shades. The company is holding ISO 9002 certification for consistent quality making its products acceptable by international standards and making its systems complete, impeccable and recorded down to the last detail. At present, APM INDS  has installed spindle capacity of 43136 spindles and producing approximately 12 million kg. of Yarn per annum. The Company is firmly committed to constant up-gradation of its technology and machinery, thereby keeping pace with technological breakthroughs all over the textile world.

 Financial Results

Company posted 245cr top line and 15cr bottom line in latest nine month 2014-15 , expected full year EPS around 6, APM is a regularly dividend paying company ,recently company declared 85% (1.70rs) interim dividend to share holders. Promoter holding 61.64% of 4.32cr paid up equity capital . APM INDS  have  98cr free reserves in last financial year, one can expect bonus issue in future.Book value of 78 rs stock trading bellow book value, with just 6pe.

 Stock trading only in BSE @ 51 level, one can buy @ current price and buy further in correction and hold for medium to long term portfolio, This one stock may cross 100 mark in future.

Disclosure :- I am holding this stock in my medium term portfolio.


6 comments:

  1. Hello sir, i recently started following ur blog and impressed by ur knowledge. Ur doing great service to ur followers. Stock has already appreciated Alot before recommendation, can we wait for correction

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    1. 5 TO 10 % price variations cannot ruled out in stock market

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  3. apm result is out...may i noe ur view sir

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  4. I always read your blog, because you always shares different ideas and information. I always shared your site post on other sies . Keep posting and i will follow you... Equity Tips

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    1. Sir what is the outlook for apm for next 6-9 months?

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