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yeah..once it breaks even i will buy ITC from this money..what is ur suggestion...
At last, the scrip is moving towards its IPO price, Rs. 138/- , but still much lower than its price after listing, which was in the range of 180 to 195 . ( All prices are adjusted for 1: 5 split )
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jyothi to acquire small fmcg cos to expand its national presence.co also planning to start manufacturing operations from thailand and china.
stock to give very high returns.. expect 60-80% returns quickly..cheapest fmcg stock which is debt free and 80%promoter holding..buy buy buy uc expected for 3 days at a stretch...
Are you referring to this article ?
" The nearly Rs 150-crore FMCG company, Jyothy Laboratories, is looking for acquisitions of regional brands worth up to Rs 100 crore. The company is present in the fabric care, utensils washing and personal care segment with brands like Ujala, Maxo and Exo.
“We are interested in acquiring regional brands that have a potential to be scaled nationally as we look for growth in the FMCG market in India.
The size of the acquisition can be up to Rs 100 crore,” said Ullhas Kamath, deputy managing director, Jyothy Laboratories."
Good move by the company. It will improve their marketing bouquet.
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I have still not received the dividend...
There was a report in Business Standard on 7th june this year that Jyothy Labs is looking for acquisitions worth 100 crores, anybody has any update on that?...
NSE Announcements on Jyothy Laborato
Posted by :
MMB MessengerJyothy Laboratories Limited has informed the Exchange that the Annual General Meeting (AGM) was duly held on July 30, 2009 and following is the gist of the resolutions passed/outcome of the above AGM: 1) Annual Report for the Financial Period ended March 31, 2009 were considered and adopted by members of the Company; 2) Payment of dividend @ 200% was declared by the shareholders for the Financial Period ended March 31, 2009; 3) Mr. K. P. Padmakumar and Mr. Bipin R. Shah, were re-appointed as Directors of the Company, liable to retire by rotation; 4) M/s. S.R. Batliboi & Associates, Chartered Accountants, Mumbai were re-appointed as Auditors of the Company; 5) Mr. K. Ullas Kamath was re-appointed as Deputy Managing Director of the Company for a period of 5 (five) years commencing from April 1, 2010 and remuneration payable to him was also approved by the shareholders....
BSE Announcements on Jyothy Laborato
Posted by : MMB MessengerJyothy Laboratories Ltd has informed BSE regarding a Press Release dated July 30, 2009 titled "Jyothy Laboratories Net Sales up by 21% to Rs 119.5 crore; Net Profit up by 22% to Rs 21.9 crore"....
NSE Announcements on Jyothy Laborato
Posted by : MMB MessengerJyothy Laboratories Limited has informed the Exchange regarding a press release dated July 30, 2009 titled "Jyothy Laboratories Net Sales up by 21% to Rs 119.5 crore; Net Profit up by 22% to Rs 21.9 crore". A copy of the press release be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...
BSE Announcements on Jyothy Laborato
Posted by : MMB Messenger
Jyothy Laboratories Ltd has informed BSE that the members at the Annual General Meeting (AGM) of the Company held on July 30, 2009, inter alia, have passed the following:
1. Annual Report for the Financial Period ended March 31, 2009 were considered and adopted by members of the Company.
2. Payment of dividend @ 200% was declared by the Shareholders for the Financial Period ended March 31, 2009.
3. Mr. K P Padmakumar and Mr. Bipin R Shah, were re-appointed as Directors of the Company, liable to retire by rotation.
4. M/s. S R Batliboi & Associates, Chartered Accountants, Mumbai were re-appointed as Auditors of the Company.
5. Mr. K Ullas Kamath was re-appointed as Deputy Managing Director of the Company for a period of 5 (five) years commencing from April 01, 2010 and remuneration payable to him was also approved by the shareholders....
Excellent results as usual, both top line & bottom line better than before....
BSE Announcements on Jyothy Laborato
Posted by : MMB MessengerJyothy Laboratories Ltd has informed BSE about the Financial Results for the Quarter ended June 30, 2009....
When are they declaring results for this quarter? any idea...
what is the target for this stock.i hols 125 at 156 rs....
Accumulate, a good buy at this rate...
