If you ignore one time loss shown under other income, may be due to forex loss. Operating Profit increase from 8 cr ( June 07 ) to 19 Cr ( June 08) and sales increased from 21 cr ( June 07 ) to 33 Cr ( June 08).

Sales increase by more than 50% where as profit increase by more than 100% due to high margin from oil business.

Eye IT, tea, bank stocks now: Experts
Published on Fri, Aug 01 at 16:09, Updated at Sat, Aug 02 at 09:01
Source : CNBC-TV18

Rajat bose and JP Sinha advised investor and trader to enter Tea and sugar stock with short to medium period prospective.


"Sinha thinks IT sector is undervalued too. “We expect the rupee to depreciate from the current levels given the current account deficit we are running at. Same way capital goods and engineering purely on account of the earnings visibility that we see and the kind of order mix that we have seen in the segment some of the soft commodities like tea and sugar, where the commodity prices can actually play a greater role, these are the segments to look at this point in time.”



Bose recommended tea stocks. “Tea stocks must be favorites of small traders; I suppose they are. But if you take some time to check at the fundamentals; tea’s fundamentals are changing, I track the auction prices; they seem to be suggesting much better scenario.”

Reliance Mutual fund has accumulated 500000 shares during 4th July to 11th July. Now there holding in this company increase to 25 lacs shares plus reliance capital still holds approx 3.5% holding in this company.

Happy Investing
...

If you ignore one time loss shown under other income, may be due to forex loss. Operating Profit increase from 8 cr ( June 07 ) to 19 Cr ( June 08) and sales increased from 21 cr ( June 07 ) to 33 Cr ( June 08).

Sales increase by more than 50% where as profit increase by more than 100% due to high margin from oil business.

Eye IT, tea, bank stocks now: Experts
Published on Fri, Aug 01 at 16:09, Updated at Sat, Aug 02 at 09:01
Source : CNBC-TV18

Rajat bose and JP Sinha advised investor and trader to enter Tea and sugar stock with short to medium period prospective.


"Sinha thinks IT sector is undervalued too. “We expect the rupee to depreciate from the current levels given the current account deficit we are running at. Same way capital goods and engineering purely on account of the earnings visibility that we see and the kind of order mix that we have seen in the segment some of the soft commodities like tea and sugar, where the commodity prices can actually play a greater role, these are the segments to look at this point in time.”



Bose recommended tea stocks. “Tea stocks must be favorites of small traders; I suppose they are. But if you take some time to check at the fundamentals; tea’s fundamentals are changing, I track the auction prices; they seem to be suggesting much better scenario.”

Reliance Mutual fund has accumulated 500000 shares during 4th July to 11th July. Now there holding in this company increase to 25 lacs shares plus reliance capital still holds approx 3.5% holding in this company.

Happy Investing
...

As per NSE website, revenue from oil business increase from 2 cr ( june 2007) to 12 Cr ( June 08 ) but they have incurred loss under head " Other Income" amounts to 6 crs. This may be due to forex loss. I think this may be the reason why CFO has been forced to resigned.

But positive news is that oil business is now contributing significantly.

Accumulate this stock on every decline. Dec 08 qtr will be very good for result point of view. Oil + Tea results will be good

Happy investing...

If you ignore one time loss shown under other income, may be due to forex loss. Operating Profit increase from 8 cr ( June 07 ) to 19 Cr ( June 08) and sales increased from 21 cr ( June 07 ) to 33 Cr ( June 08). Sales increase by more than 50% where as profit increase by more than 100% due to high margin from oil business. Eye IT, tea, bank stocks now: Experts Published on Fri, Aug 01 at 16:09, Updated at Sat, Aug 02 at 09:01 Source : CNBC-TV18 Rajat bose and JP Sinha advised investor and trader to enter Tea and sugar stock with short to medium period prospective. "Sinha thinks IT sector is undervalued too. “We expect the rupee to depreciate from the current levels given the current account deficit we are running at. Same way capital goods and engineering purely on account of the earnings visibility that we see and the kind of order mix that we have seen in the segment some of the soft commodities like tea and sugar, where the commodity prices can actually play a greater role, these are the segments to look at this point in time.” Bose recommended tea stocks. “Tea stocks must be favorites of small traders; I suppose they are. But if you take some time to check at the fundamentals; tea’s fundamentals are changing, I track the auction prices; they seem to be suggesting much better scenario.” Reliance Mutual fund has accumulated 500000 shares during 4th July to 11th July. Now there holding in this company increase to 25 lacs shares plus reliance capital still holds approx 3.5% holding in this company. Happy Investing ...

If you ignore one time loss shown under other income, may be due to forex loss. Operating Profit increase from 8 cr ( June 07 ) to 19 Cr ( June 08) and sales increased from 21 cr ( June 07 ) to 33 Cr ( June 08). Sales increase by more than 50% where as profit increase by more than 100% due to high margin from oil business. Eye IT, tea, bank stocks now: Experts Published on Fri, Aug 01 at 16:09, Updated at Sat, Aug 02 at 09:01 Source : CNBC-TV18 Rajat bose and JP Sinha advised investor and trader to enter Tea and sugar stock with short to medium period prospective. "Sinha thinks IT sector is undervalued too. “We expect the rupee to depreciate from the current levels given the current account deficit we are running at. Same way capital goods and engineering purely on account of the earnings visibility that we see and the kind of order mix that we have seen in the segment some of the soft commodities like tea and sugar, where the commodity prices can actually play a greater role, these are the segments to look at this point in time.” Bose recommended tea stocks. “Tea stocks must be favorites of small traders; I suppose they are. But if you take some time to check at the fundamentals; tea’s fundamentals are changing, I track the auction prices; they seem to be suggesting much better scenario.” Reliance Mutual fund has accumulated 500000 shares during 4th July to 11th July. Now there holding in this company increase to 25 lacs shares plus reliance capital still holds approx 3.5% holding in this company. Happy Investing ...

Dear JFA, Volume is pretty large today Regds Gv ...