Sutlej Textiles and Industries Ltd. (Sutlej Textiles was incorporated on 22.06.2005 and was created out of a corporate restructuring exercise in which the Textiles Division of Sutlej Industries Ltd. (SIL) and DamanGanga Processors Ltd. Were demerged w.e.f. July 1,2005 and it is one of the flagship unit of the multi-product conglomerate K K Birla Group. The Group has its dominant presence in Fertilizer, Engineering, Textiles, Sugar, Tea, Coffee, Food, Products, media , information Technology , Biotechnology and Shipping.
Sutlej Textiles excels in all stages of textiles productions. Its versatile production facilities are vertically integrated, From spinning and weaving to dying and finishing to making apparel.
International presence:
Argentina, Bangladesh, Belarus, Belgium, Brazil, Cyprus, Canada, Chile, China, Columbia, Egypt, England, France, Germany, Greece, Hong Kong, Indonesia, Italy, Iran, Israel, Japan, Jordon, Korea, Kuwait, Malaysia, Mauritius, Mexico, Morocco, Pakistan, Panama, the Philippines, Poland, Portugal, Romania, Russia, Saudi-Arabia, Spain, Singapore, Syria, SriLanka, Switzerland, South Africa, South Korea, Taiwan, Tanzania, Tunisia, Turkey, Thailand, the United States of America, the United Arab Emirates(UAE) and Vietnam, among others."
Certifications:
Status of trading house certificate(conferred by the Government of India) with ISO-9001 quality certification.
The company is trading at PE ratio of 4.76 and EPS of 80.19. The stock is very undervalued and may go a very long way as industrial PE is 11. The company has constantly delivered good results both QoQ and YoY. The company is paying a dividend of Rs. 8 as compared to previous year of Rs. 5 which is a good sign. The promoters are holding 64% of the stocks. I believe the stock has a long way to go and will turn out to be a real multibagger. The current price of stock is Rs 350 which is already appreciated but fresh entry can be made at this price also, may test your patience.
Argentina, Bangladesh, Belarus, Belgium, Brazil, Cyprus, Canada, Chile, China, Columbia, Egypt, England, France, Germany, Greece, Hong Kong, Indonesia, Italy, Iran, Israel, Japan, Jordon, Korea, Kuwait, Malaysia, Mauritius, Mexico, Morocco, Pakistan, Panama, the Philippines, Poland, Portugal, Romania, Russia, Saudi-Arabia, Spain, Singapore, Syria, SriLanka, Switzerland, South Africa, South Korea, Taiwan, Tanzania, Tunisia, Turkey, Thailand, the United States of America, the United Arab Emirates(UAE) and Vietnam, among others."
Certifications:
Status of trading house certificate(conferred by the Government of India) with ISO-9001 quality certification.
The company is trading at PE ratio of 4.76 and EPS of 80.19. The stock is very undervalued and may go a very long way as industrial PE is 11. The company has constantly delivered good results both QoQ and YoY. The company is paying a dividend of Rs. 8 as compared to previous year of Rs. 5 which is a good sign. The promoters are holding 64% of the stocks. I believe the stock has a long way to go and will turn out to be a real multibagger. The current price of stock is Rs 350 which is already appreciated but fresh entry can be made at this price also, may test your patience.
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