Sunday, January 31, 2010

Avon Corporation @ 7.59 #Closed - Target achieved on 08.02.10#

The co is in the business of  manufacturing weighing scales, weigh bridges and anti vibrator feeder system since 1995.
  • It also develops softwares  like Body Composition Analyzer, Analytical balance, Precision balance, Moisture Balance and Pipette Calibration
  • Also handling High end products for Body composition Analyzers & Blood pressure monitors and also for precision and reliability dealing in Laboratory balances Industrial balances, Test Weights and DKD Calibration
  • Is authorized distributors of Kern & Sohn GMBH-Germany, Jawon Medical-Korea products and TANITA Corporation-Japan in India.
  • Has reached from a turnover of Rs.26 Lakh (Year 1995-96) to a turnover of Rs. 77.58 Crs (Year 2008-09) within 13yrs of operation.
  • In first 9 months of  FY010, co has posted net profit of 11.5 Cr on sales of  82 Crs with EPS of 1.8
  • Trading at P/BV of 0.66.D/E is 0.6. 
Invest  in this small cap for a period of 1 yr... Tgt 10.4+....

1 comment:

aAreeF said...

Target achieved.... Hit a high of 10.87 today....