Fwd: DELIVERY CALL KAJARIA CERAMICS

[Sandeep Singh Sengar]

---------- Forwarded message ----------
From: TechnoFanda <techno...@gmail.com>
Date: Wed, Oct 30, 2013 at 11:58 AM
Subject: DELIVERY CALL KAJARIA CERAMICS
To: TechnoFanda Nitin <techno...@gmail.com>

Dear All,

Buy KAJARIA CERAMICS at 238-244 with stop-loss 230 (Holding period 3-5 trading days ).

Reasons :

Reported net revenues at Rs 4.49bn, growth of 21% YoY as compared to Rs 3.73bn registered in the corresponding quarter of the previous year

Revenue growth is largely attributed to volume growth while increase in realization due to change in product mix would also have aided the company.

Company going to announce results on NOV 6,2013.

Expecting results also good for this QTR.

company to report revenues & PAT CAGR of 18 percent & 26 percent over the next two years (FY13-15) with ROE expected to remain strong at 30 percent


Swiss Finance Corporation (Mauritius) Limited bought 9,12,662 shares of Kajaria Ceramics at Rs 249.99 on the NSE in last year of SEPT,2013.

Technically very strong.

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Team TechnoFanda
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Disclaimer: The calls made herein are for informational purposes and are not recommendations to any person to buy or sell any securities. The information is derived from sources that are deemed to be reliable but its accuracy and completeness are not guaranteed. The above calls are based on the theory of technical analysis. The author does not accept any liability for the use of this site. Readers of this site who buy or sell securities based on the information in this site are solely responsible for their actions.

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Warm Regards,

Sandeep Singh Sengar