Pioneer Embroideries

Dear All,

Any idea about the pioneer embroideries stock?? it posted a decent result, but is it the right time to buy??

Thanks

 

yeah, Pioneer is a turn around story. They delivered very good Q2 numbers. EPS surged to Rs. 18 with the help of other income.

If you looking for a long term, enter around 30-35.

 

Yes - this is a turnaround story.....company is clearing out its debt, Hakoba is a good brand, company has good expansion plans that will drive growth. You should buy only if you want to marry this stock for ~2 years.

Disc : Invested since a long period.

 

pioneer embroideries will shuttling between 30-40 ,not much hope .//