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Saturday, February 4, 2012

Rungta Irrigation Ltd:-Buy/sell/growth prospects and recommendation,news and results,target and analysis,view and outlook,multibagger

Scripscan:Rungta Irrigation Ltd
cmp:20
Code:530449

Story:Rungta Irrigation Limited manufactures and sells sprinkler and drip irrigation systems to the retail segment primarily in India. It also offers PVC pipes.Net profit of Rungta Irrigation rose 85.19% to Rs 0.50 crore in the quarter ended December 2011 as against Rs 0.27 crore during the previous quarter ended December 2010. Sales rose 26.46% to Rs 29.30 crore in the quarter ended December 2011 as against Rs 23.17 crore during the previous quarter ended December 2010.The company has shown consistent numbers over the last few years.Future seems to be bright.It lacks liquidity in the bourses.Keep the counter under your radar folks.

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Posted by Unknown at 8:21 PM

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