Saturday, August 13, 2005

CHEMPLAST SANMAR -Kamadhenu-11aug2k5

WE RECOMMEND FUNDAMENTAL STOCKS ONLY !!
KEEP WATCH ON THIS EXCELLENT STOCK -
PREVIOUSLY WE HAD WRITTEN THIS STOCK @ 81.50 FOR A SHORT TERM TARGET OF RS. 100. THE STOCK TOUCHED 110 LEVEL WITHIN 15 DAYS.
NOW IT HAS AGAIN COME DOWN GIVING US THE OPPORTUNITY TO RE-ENTER IT.
WE HAD RECOMMENDED THIS STOCK TO OUR CLIENTS YESTERDAY @ 85 !!

CHEMPLAST SANMAR -
BSE CODE 506355 @ 89.30


Traded at NSE also as
CHEMPLAST
The company has two main businesses – PVC and Chlorochemicals. The Chlorochemicals Division of Chemplast, itself the result of backward integration by the group, manufactures a wide range of products using a highly integrated manufacturing process. Chemplast is fully equipped to generate sufficient captive power to meet its entire requirements, thus making it one of the most integrated chemical plants in the country with a closed manufacturing loop.

The company is going to establish clean development mechanism [cdm] under the qyoto protocol for reduction of grean house gases.
The company has progressed by leap and bounds over the quarters. For the year ended march 2005 it has shown a net profit of Rs. 25.68 crore as against a net profit of Rs. 4.62 crore in the year 2004. For the quarter ended march 05 it has shown a net profit of Rs. 11.77 crore as against a net profit of mere 1.11 crore in the corresponding march 04 quarter.
Remember, public holds just 11% shares !!
To know more about this company, just login to -
http://www.sanmargroup.com/chemicma.htm
WE EXPECT THIS STOCK TO TOUCH 135-150 LEVEL IN MEDIUM TO LONG RUN.
ONE MUST HOLD ATLEAST 200 SHARES OF THIS COMPANY !!

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