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Tuesday, November 10, 2009

Cosco India Ltd:Buy/sell/hold,prosepects and analysis,recomendation and outlook

Scripscan:Cosco India Ltd

Story:COSCO (India), Limited engages in the manufacture and sale of various sporting goods, and health and fitness equipment primarily in India. The company’s sporting goods include rackets, shuttle cocks, and grips for badminton; basket balls; bats, helmets, grips, tennis balls, batting pads, batting gloves, thigh guards, kit bags, keeping pads, keeping gloves, elbow guards, and balls for cricket; hand balls; latex bladders; roller skates; balls and shoes for soccer; and squash rackets and grips. Its sporting goods also comprise tables, blades, bats, balls, bat rubbers, and shoes for table tennis; balls, rackets, and grips for tennis; volley balls; swimming caps and goggles; and sports wear. The company’s health and fitness equipment includes cross elliptical trainers, manual treadmills, motorized treadmills, rowers, exercise bikes, home gym, health riders, and steppers. In addition, it offers fitness accessories, such as yoga mats, dumbbell sets, swing machines, aerobic steps, pedometers, twister disks, waist trimmers, trampolines, and gym balls. COSCO (India) was established in 1980 and is headquartered in New Delhi, India.I personally with my cricket team have won loads of matches all being played with cosco products.In a country where we have 120 crs of population and which is increasing all the time makes good sense to have a business which would find no doom.Cosco is a household name for the youths and its a strong brand name for sure.In our country where cricket is like a religion cosco would never find its products lacking demand.Am a guy who is backed by logic and reasons and therefore I find oppurtunities using simple logic.If cosco can create a good distribution network to reach the rural masses,folks certainly we have a serious busines here with a meagre market cap of few odd crs.Keep the counter in your radar.

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