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Basmati rice manufacturers

Discussion in 'Fundamental Analysis' started by caringvij, Jan 24, 2017.

  1. caringvij

    caringvij Active Member

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    caringvij, Jan 24, 2017
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  2. shabbir

    shabbir Administrator Staff Member

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    KRBL is definitely good stocks but L T Foods has quite high debt and so is an avoid for investment. Don't track the third one.
     
    shabbir, Jan 24, 2017
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  3. reachnhus

    reachnhus New Member

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    reachnhus, Jan 24, 2017
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  4. bhat64

    bhat64 Apprentice

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    Chamanlal is a micro cap and has the maharani brand basmati. I looked at their annual report and I see that promoter salary is way too high than the norm of 12% of net sales. Additionally there wasn't much transparency regarding capacity utilisation. I also have a self imposed criteria that the company I invest him at the bare minimum must have a well updated website. That lacked too.


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    bhat64, Jan 24, 2017
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