Buy - Morepen Labs

Here is a small cap recommendation from Smart Investor 

Background :

Morepen Laboratories Limited is an India-based pharmaceutical company. The Company operates through four segments; they are Active Pharmaceutical Ingredients (API), Domestic Formulations, Diagnostics and Over the Counter (OTC). The API segment has developed new products like Sitagliptin Phosphate, Rosuvastatin Calcium, Olmesartan Medoxomil and Aliskiren in the Research and Development laboratory. 

The Domestic Formulations segment markets over 100 branded formulations in 8 major therapeutic segments. The Diagnostics segment markets under its own brand name Clinical and Home Health devices and Blood Banking machines. The OTC segment market brands like Burnol ,Lemolate, Sat-Isabgol, Option -72, Head-X, Fever-X , C- Candy and other Over the Counter (OTC) products. The Company has 3 manufacturing facilities, for manufacture of API, formulations and OTC products with international standings.

Source : Reuters

Trend : 

Short term : Down
Medium term : Up
Long term : Up

Return ratios :

The stock has given a steady returns and created wealth to the investors

1 month =  25%
3 months = 200%
6 months = 300%
12 months = 360%

Recommendation :

There has been turn around in fortunes of this company and one can expect decent up move from here.  Buy around Rs.30 levels and hold for a target of Rs.60 holding period of 12 months

Raghav

Smart Investor

No.24 Pattamal Plaza
3rd Cross Kammanahalli
BANGALORE 560084

Mobile / Whatsapp -08105-737-966

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

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

KG Denim - Buy on declines

Equity Research team @ Smart Investor recommends a buy on declines for KG Denim.

Company Background :

KG Denim Limited is a denim and apparel fabric manufacturer, which caters to fashion brands and retailers across the world. The Company’s product catalogue includes: denim, apparel fabric, home textiles and apparels. The Company’s denim division offers: Authentic Ring Denims, Selvedge Denim, Shirtings, Organic or Bio Denims, Comfort and Power Stretch, Work wear Denim in Cotton and Cotton Polyester and Coated Denim, among others. 

The Apparel fabric products include: Stretch twills, Jean Twills and Stretch, with or without lycra. The Home textiles range includes a blend of cotton and natural fibers such as wool, linen and fiber blend. It offers products, such as Bed range, Bath range, Kitchen range and processes. The apparel division offers products, such as Jeans, Cargos, Carpenter styles, Ladies trousers and wrinkle free pants, among others. The Company’s dyed fabrics division manufactures fabrics suitable for casual wear, as well as formal wear for men, women, and kids.

Technical Analysis :

The charts of the company look quite promising.  From levels of Rs.20 the scrip has doubled in the last 6 months.   On a monthly basis too the scrip has delivered 40% returns.

Our Recommendation :

The stock has potential to break the resistance and reach the price target of Rs.100 by Mar 2016. Buy the stock with a stop-loss at Rs. 37.

Raghav
Equity Advisor

Smart Investor
No.24 Pattamal Plaza
3rd Cross Kammanahalli
BANGALORE 560084

Mobile / Whatsapp - 09880080321
ingeniousinvestor@gmail.com
www.twitter.com/SmartInvestor