No doubt boh are good companies, But I have already mentioned once Nile is having some other advantages from investor point of view like, higher book value, higher dividend, equity is low with higher reserves, lower debts, higher capacity ,higher sales in domestic market ect.. Secondly realisation
5.49 PM Jan 22nd
,000 TPA capacity , but sales income is more in the case of Pondy . It`s last year sales income was Rs.464 cr. against Rs.425 cr. of Nile Ltd. This year turnover of Pondy is ( 6 months ) at Rs.334 cr. against 285 cr. of Nile Ltd . Even if we see the gross profit margin of Pondy , it is Rs.7.78 %against 5
4.47 PM Jan 22nd
Nile - Amara Raja Batteries ( ARB ) is one of main customer of Nile. Main raw material of ARB is Lead and Lead Alloys, Around 75% business/ sales of Nile is to Amara Raja Batteries ( ARB). Today ARB has declared its Q3 results. Sales for Q3 has increased to 1501 Cr, 10% higher compared with Q3
2.42 PM Jan 22nd
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