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LORD JESUS CHRIST SAYS

“Ask and it will be given to you; seek and you will find; knock and the door will be opened to you. For everyone who asks receives; the one who seeks finds; and to the one who knocks, the door will be opened. Matthew 7:7-8

15 Sep 2017

SHARE MARKET----TIPS/A BLACK HORSE.

This factory is located in a tax exemption zone at Baddi, Himachal Pradesh and is enjoying income tax and excise duty exemption. The unit is having state of art machinery and infrastructure to manufacture and process 3000 MT of copper/ brass in a year .Mr. Rajiv Gupta, MD of RCI has not only the experience in this industry but also having contacts and networking.The unit is having good infrastructure and facilities to cater to the wide array of customer’s requirement. The customers of the unit includes name such as Havells India Ltd., Supreme Auto Industries, Indo Asean etc. The unit is located in Baddi (H.P.) in an area of 9828 sq. mtrs. owned by the firm.
The company has state of the art manufacturing set-up at baddi (H.P.) coupled with latest machinery and equipment. A major expansion plan in order to replace existing old as well as installation of new plant & machinery to enhance the capacity is in progress and we expect capital expenditure to the tune of Rs. 15.00 crores in the form of building , plant & machinery and equipments during current F.Y. 2016-17. The installed capacity with the proposed expansion will enhance production from 3000 MT to 24000 MT P.A. by March 2018
Favourable points to be noted.—Current market price of share is Rs.187/50,PE 6.19/industry PE 52.25,Face value of share Rs 10/-,Promoter share holding 73/55%,equity capital 13.44 cr, Q2 result superb, debt equity 0.42.Good prospectus awaited

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