Mutual Fund Application Forms Download Any Applications
Invest in Tax Saving Mutual Funds Invest Online
Infrastructure Bond Application Forms Download Applications

Tuesday, November 2, 2010

Stock Review: SICAL LOGISTICS



The increased economic activity and higher port and rail container operations in the past few quarters have benefited the logistics industry. Sical Logistics had already shown a sharply improved performance in the June 2010 quarter against the year-ago period. The company is expected to continue with the same momentum in the September 2010 quarter as well. We expect it to convert its last September quarter loss of 37 crore to a net profit of around 7 crore in the current quarter. This will value the company at 11.3 times its annual earnings, which is attractive for long-term investors.

No comments:

Mutual Fund Application Forms Download Any Applications
Invest in Tax Saving Mutual Funds Invest Online
Infrastructure Bond Application Forms Download Applications
Related Posts Plugin for WordPress, Blogger...

Popular Posts