BUY Nilkamal @ Rs.1381.35 // Pradnya Gaikwad // 1Feb 2016
pradnya gaikwad
Buy
Market Price Rs1381.35
Target Price Rs1657.62
Nilkamal:
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Buy Market Price Rs1381.35 Target Price Rs1657.62 |
INDUSTRY STRUCTURE AND DEVELOPMENT OPPORTUNITIES, THREATS, RISKS, CONCERNS AND OUTLOOK:- The Indian economy returned to the growth path in 2014-15. The country’s real gross domestic product (GDP) growth accelerated to 7.2 per cent from 6.9 per cent in 2013-14. The consumer price inflation fell to 5.9 per cent from over 10 per cent in the last two years. The fall in inflation was supported by falling oil prices, lower food and commodity prices, lower MSP hikes and the proactive measures taken by Government to lower food inflation such as curbing hoarding, offloading food stocks and restrictions on exports.
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STOCK INFO |
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Sector Pumps Market Cap Rs208.35 52WeekH/L (BSE) 375.50 / 1631.95 52WeekH/Low (NSE) 375.50 / 1631.95 Volume 3,225 Face value 10.00 BSE Sensex 1345.85 NSE 1346.10 |
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Category % of Holding |
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(A)Promoters 64.13 (B) General Public 21.86 (C) Others 12.64 (D) NBFC And Mutual Funds 1.57 (E) Financial Institutions 0.04
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Total 100 |
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The Company
is in the process of augmenting its range of differentiated products in the
‘Premium Monoblock’ segment, which has registered a growth of 21% over the last
year. The Hybrid chairs combining metal and plastic introduced in the last two
financial years has also registered a robust growth of 35% on a year-on-year
basis. The metal line facility actioned at Hosur two years back is consistently
producing series of Contract Chairs with a combination of fabric/PVC with steel
thereby delivering a unique buying position for the consumer/architects. The
year gone by has also seen an addition of innovative niche products in the plastic
storage domain. The visibility equation of traded products has been accelerated
with the help of 23 “Nilkamal Home Ideas” Stores ranging from 4,000- 8,000
sq.ft. in various 2/3 tier cities