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

Thursday, March 29, 2012

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

Scripscan:Parrys Sugar Industries Ltd
cmp:68
Code:500162

Story:Last year Company’s total income was 41794.67 lakhs as against 22756.26lakhs for the previous year.The profit before interest and depreciation of 1035.42 lakhs was marginally higher compared to last year.The loss before taxation was 10453.62 lakhs compared to a loss of 5983.64 lakhs of the last year.The performance of the Company was adversely affected mainly due to the low sugar selling price and high cost of sugarcane. The sugar prices remained sluggish due to higher sugar output during the year 2010-11 which witnessed a 30-35 percent growth driven mainly by improved cane acreage in response to higher cane prices paid in last two sugar years. Further, during the year in line with the industry, the Company had to pay 200 per tonne of cane in Karnataka units as additional cane price for the cane supplied during the previous year.In Karnataka, the unit at Haliyal had a major technical breakdown which affected the production for nearly a month during the peak season thereby seriously affecting performance of the unit. The performance of the plant at Ramdurg was significantly better than last year with a crushing of457703 MT of cane Vs 205071 MT last year, an increase of 123%. The Company has more or less stabilised the operation of mobilising the harvesting and transportation labour to ensure smooth, continued and unhindered crushing operations.The performance of the plant at Sankili was better than last year despite adverse impact due to heavy rains leading to delay in start of the crushing season and disruptions in cane supply.During the year, the Company crushed a total 1295502 MT of cane, produced 1397519 qtls of sugar as against 585352 MT of cane and 566855 qtls of sugar during the previous year, an increase of 121.32% and 146.54% respectively. The average recovery rate was 10.80% Vs 9.70% last year.Any major improvement in the financial numbers would help the company recoup higher levels in the bourses.

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