Q2 RESULTS UPDATE

Pondy Oxides & Chemicals

Company has maintained the OPM  over 6% from last 3 quarters which is very good sign. Depreciation cost is higher due to new plant asset with full book value. There is significant improvement in ROE in the first half of the year. Overall results are good and performance is improving. Hold the stock for better gain in 1-2 years.

Waterbase

Company has posted very good results with revenue growth 21% and PAT growth 50% YoY for Q2. Management has given detailed presentation on future guidance on business and merger of PFL. It is available on company web and BSE announcement on 26 Nov 2015. Hold and further add the stock during market correction for 2-3 year investment plan.

Xpro India

Company has posted negative results and poor performance in all business segment due unfavorable conditions. Even considering all negative factors still this company is fully capable to show excellent performance in future. Hold and add further if it slide near 40.

Dhunseri Tea & Industries

DTIL has posted very good results and OPM is above 40% for Q2. Its P/E ratio and dividend yield is best in Tea / Coffee  sector. Company is going to enter in FMCG with 'LAL GHORA' brand and its products will be marketed initially in Rajasthan where its tea brands have very good reputation. It is still value buy at CMP and hold for multiple gain in 2-3 years.  

Kothari Petrochem

Company has posted good results for Q2. Even though significant reduction in top line but very good improvement in OPM and it able to post better results YoY for Q2. Need to hold it for long term for multiple gain.

Technocraft Industries (India)

Top line growth remain flat for Q2 but significant growth in OPM and PAT. Proposal for buy back of 52L shares is good for retail investors. Company is generating good consistent profit and completed the expansion and acquisition. Utilization of free cash reserve for buy back of share is good option to increase EPS and dividend. It is still value buy at CMP and hold for decent gain in 1-2 years.     

JK Agri Genetics

Company has posted poor numbers similar other seed and pesticide companies due to unfavorable condition. It can give good results with improvement in agri sector. Hold for long term.

Chemfab Alkalies

Company has posted flat results in top and bottom line. Being low beta defensive stock very less movement in either side but it will give stability and option to buy good stock in adverse falling market. It was suggested just before deep market correction on 24 Aug to keep the portfolio stable. Hold for better gain in 2-3 years.

Next Stock Suggestion 

It will be posted on 04.12.2015 (Friday) after market hours.

Several readers are asking the stock clues and some readers are not in favor of posting the stock clues in blog comments. We have to maintain trust and fairness among all blog members. To avoid any foul play by punters, we should refrain posting comments for further clues on blog or social media.

You can test your stock finding ability with given points only. 

1. Company is paying dividend regularly from last 10 years.

2. Consistent growth in top line from last 10 years.

3. Company represent  in the list of top 10 in its segment.

4. Company has posted more than 100% growth (YoY) in bottom line.

5. Stock is trading in two digit.

Please note that any comments  related  further stock clue will not be entertained before posting above stock in this blog. If you able to find above stock than you can buy it without disclosing to anyone.