Stock which contributes in indian make in india plan

Discussion in 'Ask A Query About Your Stock Picks And Portfolio' started by adijsg, Mar 24, 2015.

  1. adijsg

    adijsg Member

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    Siyaram slik mill BUY 850-890 target 1150-1200 6-12 months

    Is in the sector which generates a lot of employment and the goverment making a lot of effort for this sector ace investors are buying heavily into Ambika cotton mills

    Strong balance sheet profile with improving cash flow: The net debt/equity is
    expected to improve from 0.7x in FY2014 to 0.3x in FY2017E. This would be on
    account of higher cash on books as there are no major capex plans in the next
    two years; and repayment of debt, starting FY2016. Hence, we expect the profit to
    grow at a CAGR of 21.8% over FY2014-17E to `115cr.
     
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