Today we are discussing Agri related stocks ,it may give good return in coming monsoon months
SAKUMA EXPORTS LTD
Sakuma Exports was established on December 01, 1998 as a Partnership Firm. On August 31, 2005 the Company was incorporated as a Public Limited Company (Sakuma Exports Limited). The Company is engaged in the business of Trading and Export of Commodities. The core export of the Company consists of Agro Based Commodities.
Sakuma Exports is in the business of Exporting commodities and merchandise from India. Company commenced operations toward the end of Financial Year 1999-2000 as a partnership firm with exporting Pulses. Over the years Company developed exports of various agro based commodities and merchandise. The Company is engaged in exports of various commodities like Red Split Lentils, Onions, Peanuts, Peanuts in shell, Brass items, Sugar, Wheat Flour, Soya Bean Meal, Rape Seed Meal, Chilly, Jaggary, Watermelon, Sesame, Seeds, Maize, Sun Flower Meal, Rice, Chick Peas, Yellow Split Lentel, Seasame Seed Meal, Castor Seed Meal, Castor, etc.
In 1999, Company had started with one buyer in Colombo, Sri Lanka and today it has a Customer Base of over 75 in a number of countries like South East Asia, Middle East, Europe, Africa and the United States of America Markets and sources commodities from close to 400 suppliers directly and indirectly.
Promoters holding 69 % stake in company, sakuma posted good set of nine month results 2016-17 topline 140 cr bottom line 9.73 cr (last full year topline 108 cr and bottom line 8.73 cr ) book value of the company was 47. Imd monsoon prediction 106% is good for country's agriculture sector, this stock is trading very low PE, so investor can buy this stock for short to medium term for decent returns. stock trading both NSE and BSE @ 71.50 level.
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Disclosures :- I am holding this company stocks.