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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.

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Saturday, February 4, 2012

VTX Industries Ltd:Buy/sell/growth prospects and recommendation,news and results,target and analysis,view and outlook,multibagger

Scripscan:VTX Industries Ltd
cmp:19
Code:532824

Story:VTX Industries Limited operates as an integrated textile manufacturing and exporting company in India and internationally. It manufactures mill made-woven-processed/grey-cotton, synthetic-blended fabric made-ups, and home-linen products, as well as produces grey cotton yarn and mercerized cotton yarn. The company’s products include sheets and pillow cases, duvet covers and shams, quilted bedspreads/coverlets, decorative cushion covers, quilts, matelasse coverlets, blankets/throws, and lounge/night wear, as well as other accessories, such as bed skirts, neck roll, and wash bags. VTX Industries offers its products under the Genuisa Cotton and KottonD'or brand names. The company was formerly known as Vijayeswari Textiles Limited and changed its name to VTX Industries Limited in January 2011.Net profit of VTX Industries rose 33.82% to Rs 0.91 crore in the quarter ended December 2011 as against Rs 0.68 crore during the previous quarter ended December 2010. Sales rose 82.49% to Rs 65.26 crore in the quarter ended December 2011 as against Rs 35.76 crore during the previous quarter ended December 2010.Neither impressed by business model nor the numbers influence me.Sell and move on to betters bets.

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Posted by Arun Mukherjee at 8:54 PM

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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.
 
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