Monday, January 30, 2017

KALLAM SPINNING MILLS LTD (530201) :- BUY

Dear friends,


   Today we are discussing Textiles sector stock for short to medium term investments


       KALLAM SPINNING MILLS LTD

          Kallam Spinning Mills Limited

            

                 Kallam Spinning Mills Limited


   Kallam Spinning Mills Limited is one of the largest producers of spun yarn for the knitting and weaving industries in the Andhra Pradesh.

 

Offering a diverse product line to fulfill demands of customers worldwide, we have perfected our spinning processes by applying state-of-the-art automated technology and innovation to every phase of our yarn manufacturing process.

 

 Headquartered in Guntur, Kallam Spinning Mills Ltd. was founded in 1994 by a group of managing partners with a desire to build a high quality yarn manufacturing company.

 

While Kallam is a relatively young company in terms of textile firms, the management team of Kallam Spinning has many years of experience in the yarn manufacturing field. Starting with one open-end spinning facility in Guntur, the company, since its inception, has grown into one of the largest producers of 100% cotton and cotton-blend yarns in the world.

 

Promoter holding 47.93% stake in company, Kallam spinning posted 131 cr top line and 6.34 cr bottom line  in latest half year ended 2016-17 ( last full year net profit was 5.91 cr ) half year company posted 9.25 EPS and stock trading just 7.2 PE forward. Around 300 cr top line company tading just 91 cr market cap !!! book value of kallam spinning is 109 stock trading just 1.22 times its book. (Company fixed record date for stock split face value 10 to 2 on Feb 2 2017) so investor can buy this stock @ current price and hold for short to medium term in their portfolio it will give decent return. Stock trading only in BSE @ 130 level.


Before buying any stock take advice from certified person


Disclosure :- I am holding this stock.




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26 comments:

  1. Dear VG,

    Bought 200 shares of Kallam spining @130/-. This is the first stock i buy from your reco. Recently seen ur site and inspired me most of your recos are giving decent returns. congrats and thanks for your valuable service

    Thanks

    Amudhan

    ReplyDelete
  2. Kallam Spinning Mills Ltd has informed BSE that the Meeting of Board of Directors of the Company, to be held on February 11, 2017, to discuss about the Listing of Equity shares of the Company at National Stock Exchange (NSE), Mumbai.

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  3. Sir fiberweb is now rocking :) hope to continue it ahead. Only concern is loan part for expansion.pls advice. KD

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  4. Any low value stock from housing finance in your mind sir. As this will be a next big thing as per many analyst.kd

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  5. I like to read your blog and I have traded on your suggested call kallam spinning mills LTD.
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    ReplyDelete
    Replies
    1. NICE PICK WHILE GOING THROUGH THIS I CAME ACROSS SURYAAMBA SPINNING. I THINK IT HAS A POTENTIAL TOO. SIR I WANTED TO KNOW WHAT SORT OF PE VALUATIONS CAN WE EXPECT FOR A HEALTHY SPINNING COMPANY

      REGARDS

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    2. Hello sir . Stock is trading at 26 rs as of now.. but above you have mentioned that is trading at 130 levels could you please advise. Thank you

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  6. Hello VG sir.Any budget special stocks for recommendation?

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  7. I find your blog quite impressive ..keep it up
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    ReplyDelete
  8. Sir, Kallam Spinning stock split from Face value 10 to 2. Stock Price also reduced, is it ok to Invest in Kallam.

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  9. Respected sir can we Enter in Bibcol as it shown profit in both qtr at a price of 22 can we enter for 1 year period I in small qty.

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  10. Hi Sir,

    As per your suggestion i purchase 500 shares of Kallam Spinning Mills Ltd at Rs.130. Now these price is Rs.25.70. Its a huge loss. Is there any chances to get increased this share price.

    Regards,
    Chaitanya

    ReplyDelete
    Replies
    1. Just understand something, now face value of the stock is Rs 2, so your 500 shares become 2500 shares calculate yourself what is your loss?? Moreover all stocks discussed here is medium to long term not 1 or 3 days.

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  11. Sir can I enter Bharat immuno at this market rate .it shown profit in this war investment for mideum term.pls suggest .

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  12. Ok sir, i got it now. Thanks for your reply.

    ReplyDelete
  13. I am your blog reader.. you are providing very practical calls.. and I am not a big trader so I m not able to hold position.. could you suggest me any intraday call..
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    ReplyDelete
  14. Long term debt seems concerning and is not coming down, though constant for the last 3 yrs. How should one look at this?

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  15. very nice blog usefull and valuable info u shared keep it up and for intraday trading tips please visit EQUITY CASH CALLS

    ReplyDelete
  16. nice blog...well written I m regular reader..
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    ReplyDelete
  17. Stock market news are always required for traders. We are providing informative stock and Forex Tips for better investment in the market.

    ReplyDelete
  18. Sir ur take on suryaamba spinning is it not heavily undervalued

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  19. Your view on TCI for medium term. I am holding this from 1 yr took at 330.

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  20. Sir Any view on Bharat immunological after result pls advice can I enter this scrip now for medium term pls guide

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  21. What is your view on this Stock Post split up. Currently trading at Rs. 26.85 . Could it be bought at this price ??

    ReplyDelete