Wednesday, August 10, 2016

WEIZMANN LTD :- BUY

Dear friends,



             " WEIZMANN LTD "



   Weizmann Limited, a flagship company of the Group was initially engaged in Textile Processing and Exports, A to Z of Non Banking Finance Activities and in early 1990's commenced Money Changing Business as FFMC registered with RBI and later extended the activities as representative of Western Union Money Transfer. The company promoted Housing Finance Company and ventured into Renewable Energy sector by Developing Wind Farm and also undertaking manufacture of Wind Electric Generators through Joint Venture Collaboration.

Currently the company is concentrating on its core business of Textile Processing and Exports predominantly to African countries. The processing unit of the company is situated at Naroda, Ahmedabad.

The company in 2008 invested in 55% equity in a Textile Processing Unit viz. Knitwear Industries Limited, Malawi so as to be closer to the African market for its textile business.

  

   Promoter holding 69 % stake in company , 57 cr top line and 4 cr bottom line with 32 book value company is trading 45 cr market cap. Company posted stellar q1 2016 results , SALES JUMPS TO  83% AND EBITA JUMPS TO 280% , net profit around 0.90 cr because of 1.08 cr tax provisions. Good management  and regular dividends payment company is trading attractive price , so long term investor can buy this stock @ current price,this stock may give good return in portfolio. Stock trading both NSE and BSE @ 25 level.


RESULTS HERE


Before buying any stock take advice from certified person.


Disclosure :- I am holding this company shares.



is basically a textile company and its process house is located in Ahmedabad. Besides textile, this company has got interest in foreign exchange business and power business. It has got huge value in its subsidiaries as it has got five wholly owned subsidiaries, which are executing small hydro projects in the states of Himachal Pradesh and Karnataka.

Read more at: http://www.moneycontrol.com/news/market-outlook/revealing-two-hidden-gemsthe-market_214378.html?utm_source=ref_article
is basically a textile company and its process house is located in Ahmedabad. Besides textile, this company has got interest in foreign exchange business and power business. It has got huge value in its subsidiaries as it has got five wholly owned subsidiaries, which are executing small hydro projects in the states of Himachal Pradesh and Karnataka.

Read more at: http://www.moneycontrol.com/news/market-outlook/revealing-two-hidden-gemsthe-market_214378.html?utm_source=ref_article
is basically a textile company and its process house is located in Ahmedabad. Besides textile, this company has got interest in foreign exchange business and power business. It has got huge value in its subsidiaries as it has got five wholly owned subsidiaries, which are executing small hydro projects in the states of Himachal Pradesh and Karnataka.

Read more at: http://www.moneycontrol.com/news/market-outlook/revealing-two-hidden-gemsthe-market_214378.html?utm_source=ref_article

8 comments:

  1. Thanks for sharing this, Sir. How do you rate Weizmann Forex from the same group?

    ReplyDelete
  2. RBI keeps Repo Rate unchanged at 6.5% ::

    RBI Governor Mr. Raghuram Rajan delivered the policy what had been expected by the street. No change in the policy. Second half selling pressure dragged the market. GST has been welcomed by the Lower House as well.
    The much­awaited monetary policy was a non­event today as the governor Raghuram Rajan left repo rate, at which banks borrow money from the Reserve Bank of India, unchanged at 6.5 percent and cash reserve ratio at 4 percent. Mr.Rajan, who announced his last monetary policy today, sees upside risks to the inflation target of 5 percent for March 2017. Much will depend on the benign effects of the monsoon on food prices. The stance of monetary policy remains accommodative and will continue to emphasise the adequate provision of liquidity. Analysts say rising food prices and implementation of 7th Pay commission restricted further rate cut in near term.

    Visit@ Jhunjhunwala Stock Tips

    ReplyDelete
  3. Thanks a Lot Valuablegems.Sir you have been doing this great job of guiding small investors help us making rich.Sir God Bless You.Sir you are god for people like me.Please don't stop your good deed of valuable guidance.

    ReplyDelete
  4. Weizmann ltd. is really a good buy at so cheap rate & i also think it may double quickly

    ReplyDelete
  5. tainwala plastic produced worst result. what is your view now

    ReplyDelete
  6. Weizmann seems to be a solid fundamental story.

    ReplyDelete