::::::NSEMUMBAIBULL::::::Gabriel India Ltd (Result Update - Net up 800%)
NSEMUMBAIBULL
Dear Investors / Clients,
On 16th November 2009, we recommended to BUY "Gabriel India Ltd" @ Rs.26.25 and the scrip achived Rs.60.40 in 19th May 2010 [ More than 130% Return with in 7 months ]
Now read the latest Result Update of Gabriel India Ltd : [ Gabriel India net profit rises 800.00% in the March 2010 quarter ]
Net profit of Gabriel India rose 800.00% to Rs 6.39 crore in the quarter ended March 2010 as against Rs 0.71 crore during the previous quarter ended March 2009. Sales rose 37.29% to Rs 190.26 crore in the quarter ended March 2010 as against Rs 138.58 crore during the previous quarter ended March 2009.
For the full year,net profit rose 328.52% to Rs 24.04 crore in the year ended March 2010 as against Rs 5.61 crore during the previous year ended March 2009. Sales rose 34.05% to Rs 697.40 crore in the year ended March 2010 as against Rs 520.25 crore during the previous year ended March 2009.
At current level we are advising long term investors to HOLD & Accumulate this scrip for better returns.
All our recommended call status available on www.nsemumbaibull.com website.
Happy Trading & Investing,
DALAL STREET,
MUMBAI,
INDIA
Website http://www.nsemumbaibull.com
Our Yahoo Group http://in.groups.yahoo.com/group/NSEMUMBAIBULL
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