Calls review:KDDL Ltd
Recommended price:15(21.7.09)
Present price:115
Returns:790%
Link:http://www.arunthestocksguru.com/2009/07/two-more-midcap-gemskddl-ltd-and.html
Scripscan:KDDL Ltd Ltd
cmp:15
BSE Code:532054
Story:After starting as a watch dial manufacturer in technical collaboration with Leschot SA of Switzerland, KDDL has gradually established itself as a premium manufacturer of high-quality watch dials and hands, and a leading supplier of high-quality watch components to international brands in Switzerland and India. Operating out of its factories at Parwanoo in Himachal Pradesh, Derbassi in Punjab and Bangalore in Karnataka, it has a capacity to manufacture 12 million dials and 30 million hands annually. Its precision stamping division, established in 2004, offers its business a wider perspective, catering to a host of industries including automobiles, electronics and other fine engineering applications.Over the years, KDDL has perfected many processes in watch dial manufacturing, including volume printing, dial luminisation, mother-of-pearl surface, de-plating of dials, spin-bushing, electrolytic colour innovations, dial-stickers technique, stone clamping, etc. Its facility for manufacturing watch hands is one of the few in the world and the only one in India, supplying high-precision hands for watches. Its engineering division provides solutions, including design, manufacture and supply of precision stamped parts and related tools, to diverse markets. One interesting aspect of its business is its retail chain ETHOS which was established in 2003. This has grown into India’s largest retailer of Swiss watches.Apart from its strong growth backed by rising revenues and sturdy operating profits, KDDL has also been pursuing inorganic growth through acquisitions -- quite remarkable for a company of its size.It acquired a watch dial making unit in Switzerland which provides it an address among the world’s elite watch- makers. Watch this company closely for its growth potential.Kamla dials or KDDL can be a multibagger over the next 2-3 years.
Present update:Nearly 800% returns and still going strong.Even at present levels its a gem of a stock with multibagger potential.
Subscribe to:
Post Comments (Atom)
Important Disclaimer&Privacy policy
This blog does not share personal information with third parties nor do we store any information about your visit to this blog other than to analyze and optimize your content and reading experience through the use of cookies.You can turn off the use of cookies at anytime by changing your specific browser settings.This privacy policy is subject to change without notice and was last updated on 20.3.2013. If you have any questions, feel free to contact me directly here: arunsharemarket@gmail.com
Investment in equity shares has its own risks.Sincere efforts have been made to present the right investment perspective.The information contained herein is based on analysis and up on sources that I consider reliable. I,however,do not vouch for the accuracy or the completeness thereof.This material is for personal information and am not responsible for any loss incurred based upon it & take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations above.The stock price projections shown are not necessarily indicative of future price performance.The information herein, together with all estimates and forecasts, can change without notice.
No comments:
Post a Comment