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LORD JESUS CHRIST SAYS

“You have heard that it was said, ‘Love your neighbor and hate your enemy.’ But I tell you, love your enemies and pray for those who persecute you,

23 Nov 2017

Share market--An undervalued share for investment

RCI INDUSTRIES AND TECHNOLOGY LTD. (BSE-SME UPGRADED SHARE)

They are one of the leading manufacturers and exporters of Brass and Copper Foils/Coils/strips & Copper Wires. which also includes Annealed Copper Wire, Bunched Copper Wire Lead Free Solders, and Tin-alloy solders. These are manufactured using quality material which is checked at every stage of production by their highly experienced quality controllers. Due to the quality of their components they are catering their customers all over the world especially Middle East and African Countries. With experience of more than 25 years in this industry, they are able to provide complete customization to their customers with the help of their highly experienced team of professionals.

Following are the features which have enabled them to cater their customers: 
Most competitive prices
High performance
Packaging
On time delivery
High conductivity

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 it expect capital expenditure to the tune of Rs. 15.00 crores in the form of building , plant & machinery and equipments during 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
 This share is fundamentally and technically strong and expect good returns for long term investors. Please consult with your share adviser and take decision. Company PE is below 7.


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