Buy - Ruby Mills

From a low of Rs.60 last year the stock has given superlative returns to the investors. The company did give out a liberal bonus of 2 : 1 during 2015 and the CMP is Rs.366

Background :

The Ruby Mills Limited is an India-based company engaged in textile manufacturing and real estate development.

The Company's segments include

• Textiles and
• Real Estate.

The Company offers various products, such as cotton and blended yarns; custom made fabrics from various manmade and natural fibers, such as cotton, linen, viscose, lyocell, modal, polynosic and the blends of the same for shirting, suiting and dress materials; micro polyester and its blends for various end applications; 100% cotton knitted fabric; basic and micro dot coated interlining; eco-friendly textiles, and fabrics with various special finishes, such as silicone, anti-fungal, anti-bacterial, water repellent and stain repellent pricing.

Its manufacturing units are located at Village Dhamni and Village Kharsundi in District Raigad, Maharashtra. Its installed capacity consists of approximately 22,000 spindles and around 40,000 metric tons of woven fabrics, and around eight tons of tubular knitted fabrics.

Buy :

Investors keen to jump the bandwagon can look at an entry price of Rs.325 range to buy and hold for a period of 1 year to take part in the company's growth going forward.

One can look at Rs.500 and exit partially.

Smart Investor

No.24 Pattamal Plaza
3rd Cross Kammanahalli
BANGALORE 560084

Mobile / Whatsapp -08105-737-966

intellinvestor@gmail.com
www.twitter.com/SmartInvestor