Monday, 29 June 2015

UPDATES: NGL FINE-CHEM, PALRED TECHNOLOGIES

NGL FINE-CHEM LTD
 
NGL Fine-Chem Ltd. posted on the blog at 71 on 20th November 2014.
 
The stock has rallied to 157 today and is locked in the upper circuit on BSE, up 121% in just 7 months.
 
The company which specializes in veterinary drugs has been included by Fobes in its latest Asia's Best 200 under a billion list. Last year in late June, Forbes Asia 200 list had Indian companies such as:-
 
Company Included, Returns from Jun 2014 (approx)
Adi Fine-Chem, 131% returns.
Ajanta Pharma, 181% returns.
Caplin Point, 643% returns.

At 157, NGL is trading at a P/E of 11.59 against its reported FY15 earnings.
Safe to say that its still trading pretty cheap against peers.


PALRED TECHNOLOGIES LTD
Palred Technologies Ltd. posted on the blog at 21 on 25th April 2015.

The stock has rallied to the level of 41 now, Up 95% in just two months.
Palred's e-commerce business LatestOne.com has been doing well and the management has appeared on leading business news channels and even suggested that they are targeting 500 crore revenues in the long run.
 
Being a part of the E-Commerce boom and also having attracted value investors like Porinju Veliyath and Ashish Chugh should help the stock to climb wonderful heights. However partial profit booking can be done as the stock has almost doubled in just two months.


 
HOPE YOU ENJOYED THE COVERAGE OF THESE TWO COMPANIES, KEEP READING AND KEEP INVESTING!
Posted by at

18 comments:

  1. Unknown30 June 2015 at 10:38

    Ujaas energy can we buy?? What your view? ?

    ReplyDelete
    Replies
    1. The Ace Investor30 June 2015 at 11:59

      Not tracking closely.

      Delete
    2. Unknown3 July 2015 at 19:10

      what is this news regarding capital reduction in palred..
      where do u see palred in three yrs

      Delete
  2. Unknown30 June 2015 at 11:47

    Dear Ace Sir,
    I have investments in Richa & Vidhi Dynstuff. Not in profit at the moment.
    I would like to know the future prospects of the price, according to current price. Any visibility of expected growth. Please share.

    thanks
    Srini

    ReplyDelete
    Replies
    1. The Ace Investor30 June 2015 at 11:59

      Vidhi Dyestuff not in profit? It is up almost 80% from blog post.
      Stock is at 52 week high, How did you manage to make profit even in this?

      Btw, Richa already covered on blog that scrip needs a lot of patience.

      Business outlook +ve for both the companies.

      Delete
    2. The Ace Investor30 June 2015 at 12:00

      Correction: How did you manage to not make profit*

      Delete
    3. Unknown30 June 2015 at 23:34

      I mean ..I just entered stock recently and wanted to know the prospects from this price onwards for the future......

      thanks
      Srini

      Delete
    4. The Ace Investor1 July 2015 at 09:08

      Not wrong to buy it for long-term, But do consider exposure to Dynemic Products which has not moved well... Today's laggard can be tomorrows leader.

      Delete
  3. Jignesh30 June 2015 at 11:53

    sirji please do not give next pick as GTS, give it like earlier during market at 3:20 or so this gives chance to enter.

    Please its a request it is the best for investors and also avoids pump and dump to a large extent.

    ReplyDelete
  4. Unknown30 June 2015 at 19:24

    sir bought talwalkars ,now want to understand the reason of negativity after the qip. please reply

    ReplyDelete
    Replies
    1. The Ace Investor30 June 2015 at 22:23

      Market has been really bad recently so such small 10-20 bucks movement don't matter they will keep happening.

      Delete
  5. Unknown2 July 2015 at 01:45

    I have lost so much money in share market.....now i hve adani enterprises @102......already in 10% loss.....what is your view on this.......any stock for me at current level.....please suggest....

    ReplyDelete
  6. Unknown2 July 2015 at 11:59

    Can we still hold Palred technologies Ltd and Vidhi dyestuff?

    ReplyDelete
  7. Ajay Mohanta23 July 2015 at 13:44

    Hi Sir, I have bought almost all the shares suggested by you and I am really grateful to you, I dont track my holdings regularly as I believe in long term, but today I found PALRED missing from my holdings. I went through the money-control message board, noone was really sure about what is gonna happen. So I have just one question: As and when PALRED gets relisted, will the shares get credited to our accounts on its own?

    ReplyDelete
    Replies
    1. The Ace Investor23 July 2015 at 15:54

      Nothing bad is happening, The company has gone for Capital Reduction, The balance amount will be credited to your bank (many have already rcvd).

      The quantity will be lessened and the price will be adjusted as per new equity.

      Should be back on exchange in a month or so.

      Delete
  8. Nirvana28 July 2015 at 20:03

    Sir i bought some palred technologies about an year back when they did an open offer, i guess i have been lucky. i saw that you recommended it earlier. i am a lazy investor so i dont get to see my stocks regularly. Now that stock has gone up a lot do you suggest selling some and investing in something else like NGL or AXISCADES ENGINEERING TECHNOLOGIES LTD, i can take risk and dont mind stock going down for short term

    ReplyDelete
  9. mack27 October 2015 at 13:47

    Hi Sir,
    Please suggest if we can still enter Palred at this level of 120

    ReplyDelete

Subscribe to: Post Comments (Atom)
UA-58907058-1