Wednesday, September 7, 2016

SACHETA METALS LTD (531869 ) :- BUY

Dear friends,

 

            Indian stock markets are moving towards  new all time high levels now investors are more concentrated stock specific to build good medium to long term portfolio. Now today we are looking into one stock, this is potential to give multiple return in your portfolio.


                      

            SACHETA METALS LTD

       


   SACHETA METALS LIMITED, are one of the major manufacturers & exporters of Aluminium, Stainless and mild steel Houseware kitchenware Utensils - Casting - Sheet – Coils - Circles, Non Stick Cookware - Pressure Cooker, Foil Chaquered sheet, PP Caps / Slug & other Houseware & also Stainless Steel Kitchenware in India.

     

All of Utensils are particularly safe for Cooking and storing purpose. While designing and manufacturing these Utensils due care has been given to hygiene and maintain a high of quality control. All of Utensils are absolutely leak proof, Light and ever bright aluminium products are preferred to others because they take heat very fast, saving fuel and time and they are also easy to clean.

 The company has established a vast clients in all parts of INDIA and in all over the WORLD.  SACHETA’s brand is a well known and accepted in to various International Centre/s including the following Business Centres ::

 


DubaiCongo Kuwait Aden Kabongo
Doha Nacala Hong kong Muscat Namibia
Ethiopia Jeddah Maritius Malavi South America
Yemen Dammam France South Africa Kenya
Somaliya Riyadh Singapore Mombasa Eriteria

    

 

         Promoters increased stake to 70.28% from 68 % in latest quarter, company posted 14 cr top line and 0.15 cr bottom line in June 2016 quarter, so company is posting good results and aim to reach higher margin in coming years is push to stock price higher in coming days , investor have good patience can buy @ current price and hold in their portfolio for good return in medium to long term. Stock trading only in BSE @ 44.50 level.

2 comments:

  1. Hi thanks for Sucheta post, awesome value stock. What are your views on Jindal Polyfilms at current price? It seems better than Cosmo films..please share your view which one is a better pick??

    ReplyDelete
  2. Sir ur views on Bharat Financial, Water base and ABFRL. Thanks

    ReplyDelete