Get Magazines for free

Categories

10000 to 4crs in 18 months 1000rs to 50crs 300% returns 75% promoter holdings A 50 bagger A sureshot 5 bagger Analysis Another fraud? Auto ancillaries Bank sector Blind sell Brand plays Broking Bse Nse Buy calls cements Ceramics/tiles Counters I don't like Debt free businesses Delisting candidates demerger bets Disclosure- I own them Domestic consumption plays E-Commerce pick Education Exit at rallies Famous analysts Famous stocks FMCG Footwear future multibaggers Gems andJewellery Hidden gems High conviction ideas High dividend plays High potential small caps High ROE stocks Holding companies Hotel sector How they looted you.. Indian stock market Infrastructure sector Interesting Microcaps IT KPO Landbank plays largecap ideas Less than 5 PE stocks Liquor Logistics Market lessons Market outlook for 2013 and 2014 Market underperformers Meeting with the CEO Metals Monopoly businesses My 5 baggers My Favourite counters My paid stock recommendations My stock picking techniques nse bse tips Oil exploration Operator calls Paints Penny stock outlook penny stock updates Pharma sector Poultry stocks PSU Publicity freaks Real estate Renewable energy plays Safe bets Sell recommendations Share market Live shipping stocks short term call SOTP plays stock tips stock under 10rs Stocks to watch out for Strong bonus candidates Takeover candidates TATA product tea Textiles The 13 bagger The 45 bagger Trading companies Transformers Turnaround bets Tyres Uncertain/Risky business models Unique businesses

Search This Blog(Over 800 companies covered in the blog).

Please note

Note: The artciles are not research reports but assimilation of information available on public domain and it should not be treated as a research report.

Registration status with SEBI: I am not registered with SEBI under the (Research Analyst) regulations 2014 and as per clarifications provided by SEBI: “Any person who makes recommendation or offers an opinion concerning securities or public offers only through public media is not required to obtain registration as research analyst under RA Regulations”

Disclosure: It is safe to assume that I might have the dkiscussed companies in my portfolio and hence my point of view can be biased.Readers should consult registered consultants before making any investments
.

Archives : Old artciles

Tuesday, August 16, 2011

Renaissance Jewellery Ltd:-Buy/sell/,growth prospects and recommendation,news and results,target price and analysis,view and outlook,multibagger

Calls review:Renaissance Jewellery Ltd
Recommended price:18(6.3.09)
Present price:96
Returns:510%
Link:http://www.arunthestocksguru.com/2009/03/renaissance-jewellery-ltd-dark-horse-in.html

Scripscan:Renaissance Jewellery Ltd
cmp:18
Traded in:Nse-bse

Story:Recently had an interaction with Renaissance Jewellery"s MD,MR Sumit Shah.Heres what he had to say,Despite the US economy facing risks of a recession and gold prices ruling at all time highs, Renaissance continues with its US-centric approach.Sumit Shah, the company’s managing director,is determined to prevail over these challenges.The environment is challenging, but we view it as the best time to consolidate our position in the world’s largest consumer country for studded jewellery,” he says. The share of non-US sales, which stood at just 5% last year, are expected to rise above 20% during FY09.However, the management is taking steps to de-risk the business model. “We have entered the bridal jewellery business, the demand for which is relatively inelastic. Similarly, we are also increasing our non-US revenues,” says Mr Shah. The company, which derived around 9% of its sales from bridal jewellery, expects this share to go up to 20% in FY09.The management hopes to maintain over 25% annual profit growth rate for FY09.The warrants issued by the company will be convertible at Rs 187.5 into equity shares between April and June ’09.The company expects to collect Rs 50 crore from full exercise of the warrants. According to Mr Shah, “There will be three main avenues for deployment of these funds, viz, our retail business in India, the US business and the non-US business. We may float another subsidiary in some non-US markets such as Europe, Middle East or South-East Asia, depending on the growth prospects.”Considering the company’s steady growth prospects, investors with a 12-month horizon are advised to remain invested in the scrip.One may buy the scrip too at present levels.

Present update:Already a 5 bagger and still going strong.With the gems and jewelley sector in vogue, this scrip may continue to create more wealth for the already rejoicing shareholders.

No comments:

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.
 
x

Subscription to Arunthestocksguru

Enter your email address:

Delivered by FeedBurner