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Sarveshwar food

Discussion in 'Fundamental Analysis' started by jrtailor09, Jul 24, 2018.

  1. jrtailor09

    jrtailor09 Member

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    Hi all,

    I have been allotted 1600 quantity of sarveshwar food @85 but today it is playing around 40. I have reviewed the company business plan before applying under sme ipo and it was doing good but suddenly what happened god knows.

    Can anyone holding this stock or any idea about the company. Kindly provide your views.

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    jrtailor09, Jul 24, 2018
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  2. shabbir

    shabbir Administrator Staff Member

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    With a debt to equity ratio of above 3, it is never very fruitful to invest in such companies. Read https://shabbir.in/debt/
     
    shabbir, Jul 26, 2018
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  3. jrtailor09

    jrtailor09 Member

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    jrtailor09, Jul 26, 2018
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  4. nirajshah

    nirajshah Champion

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    nirajshah, Jul 26, 2018
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  5. jrtailor09

    jrtailor09 Member

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    I couldn't able to get the data regarding debt. Any suggestions in stock considering current growth of company.

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    jrtailor09, Jul 27, 2018
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  6. shabbir

    shabbir Administrator Staff Member

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    shabbir, Jul 28, 2018
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  7. jrtailor09

    jrtailor09 Member

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    Iranians consume 3.2 million tons of rice a year while domestic production stands at 2.2 million tons.

    More than 1.05 million tons of semi- and wholly-milled rice worth close to $996 million were imported into Iran during the first half of the last Iranian year (March 21-Sept. 22), registering an 84.4% and 108.4% surge in weight and value respectively compared with the corresponding period of last year.

    Rice imports accounted for 6% and 4.2% of the volume and value of Iran's overall imports respectively during the six-month period.

    The imports are made mainly from the UAE (reexport), India, Pakistan, Thailand, Turkey and Iraq.

    Iran is the largest buyer of India's basmati and accounts for a fourth of India's annual aromatic rice shipments of around 4 million tons.
    Every year and during the rice harvest season (July-January), the Iranian government bans rice imports in support of local farmers and domestic production.

    Also based on the growth PAT from year to year.Also they have planned for moving in to organic products.

    Considering the same I thought to invest in the company.

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    jrtailor09, Jul 28, 2018
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  8. jrtailor09

    jrtailor09 Member

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    jrtailor09, Jul 28, 2018
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  9. jrtailor09

    jrtailor09 Member

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    jrtailor09, Jul 28, 2018
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  10. shabbir

    shabbir Administrator Staff Member

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    That's nice growth for the sector. How does company exports to those country and what share is the question.
     
    shabbir, Jul 30, 2018
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  11. jrtailor09

    jrtailor09 Member

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    Yes, do agree but I don't have that information. if you have seen above link then china has approved only 14 firm from india for export and Sarveshwar food is one of them.

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    jrtailor09, Jul 31, 2018
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  12. shabbir

    shabbir Administrator Staff Member

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    Again it is one among the 14. This doesn't say much about the company. All these what you are mentioning are good for the sectorial growth. Still if you invest in such highly debted company, it is tough to keep them growing.
     
    shabbir, Aug 1, 2018
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