Monday, January 15, 2007

S Kumars Nationwide Ltd.

S Kumars Nationwide Ltd: (Rs.77)
The company has come out with good results at the end of Q3 FY07, in terms of growing sales, profits and expending margins. The performance was boosted by several new launches in the past quarter. The company is looking forward at closing the year with revenue to the tune of Rs.1240cr and around 140% yoy growth in the full yrs EPS. The company has a list of new launches lined up for the coming year. We recommend a BUY on the stock.