Dear All, SKM EGG PRODUCTS is one of the leading food product manufacturer & exporter from South India (Silver Jubilee Concern). Having major customer base in Europe & Japan. Many of you may remember that SKM is the only company brought Packed Eggs with ISO certification - with Limited period of usage - even its not sold out company had brought back their supply - the best initiative had not taken even by any MNC. Now SKM eyeing some more global partnerships alongwith Europe & Asia. Also entered into increase its own farming with 3 times higher capacit. When comparing with its PEERS like Kwality Dairy, Kohinoor Foods, Heritage foods - SKM having good steady sales & income figures, EPS of Rs.3-4 BV 22 to its current market price of Rs.19-20. Also a regular dividend paying company. Company is expected to come out with major plans - expected to announce in a month time. From there we can expect a rocket move in the stock price. Technically stock is having great support over Rs.17 level and expected to hit Rs.27 to Rs.33 in short span of time. Accumulation witnessed in past 2-3 weeks time. So dont miss this underpriced - well equiped stock for 50-60% upside in short span. Invest Earn Enjoy Source: From one of the leading brokerage firm - Analyst Thanks Purusottaman. |
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Please use your discretion before acting on the ideas expressed in the group.
Happy Trading,
United we grow!!!
Happy Trading,
United we grow!!!
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