Keep buying Jyothy Labs in all these dips. This is a GEM Stock in the FMCG Counter available at throwaway prices now. With No interest payment in Balance sheet for next 3 years, (Due to the zero coupon NCD) the Profits will almost double and EPS will be in Rs 10-11 range... Sureshot 290 in 6 months
11.57 AM Dec 9th
Certificate of Deposits (NCD) coupon payable after three years. With that, we have now Rs 662 crore coming into the company with which we have paid off all the debts now. The reason for raising this money, one to have the war chest into the company that we have now about Rs 250 crore of bank balance now
8.06 PM Dec 6th
of Negotiable Certificate of Deposits (NCD) banking payable after 3 years. With that, we have now Rs 662 crore entrance into a association with that we have paid off all a debts now. The reason for lifting this money, one to have a fight chest into a association that we have now about Rs 250 crore of bank
7.59 PM Dec 6th
MUMBAI: Microfinance institutions are tapping an alternate source of funds to diversify their fund basket by issuing non-convertible debentures, with many large and small MFIs having lined up NCD issues. SKS Microfinance, country`s lone listed MFI, plans to raise Rs200 crore, while Kolkata
10.56 AM Dec 6th
Jyothy Laboratories is available at the Cheapest Valuation. In fact after the Capital infusion and NCD issue, company has become debt free and will gain substantially in interest costs from next quarter onwards Keep accumulating Jyothy Lab at Current rates for a Target of Rs 300
10.07 PM Dec 5th
The company could easily have an EBIT OF 785Cr over the next 3 years. Paying a 400Cr NCD together with interest wont cause any problems. The company should be having a surpuls of 250Cr at the end of it. Things can change dramatically over the next 3 years!!!
8.48 PM Dec 3rd
Anchor in ET did not even quiz him on NCD, UK had brought up this topic by himself. What he mentioned I have tried to reproduce. He mentioned `...with these, as of now I have 250 crores cash surplus in balance sheet`. Nothing explicitly mentioned about wiping off debt.
5.36 PM Dec 3rd
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