Mayur Uniquoters

Friends,

I am thinking of buying Mayur Uniquoters. Any views on this stock that will help me make the right decision please?

Thanks,
Bhavesh.

 

Good Turnover,Good SHP,Good company,only thing is stock is expensive right now.

 

All good companies are expensive. Then you will be left with only non good companies at cheaper price. I am also observing the stock You can start accumulating and I accumulated at 430 very little only 200 quantity.

 

If you look at the charts, Mayur is trading range-bound between 400-500 levels since almost a year now. A good time to start taking a position, if you are a long term investor with a 3-5 yrs view then this high p/e does not matter.Buy and sit patiently.

Disc: Invested huge quantity@435

 

Thanks for the Nice Links specially of NDTV where the mgmt explains abt the business in details . Meenakshi !

 

Thanks Meenakshi.

 

Meenakshi - Mayur's results were below market expectations and the stock has seen some correction as well. Any idea if there is more correction expected or the stock will consolidate at this level for some time and then move up as the management seems to have given good guidance for FY16.

Cheers
Bhavesh.

 

There is not much correction after the result, dude .I'd buy more in bulk if it falls below 400. A year of muted results does not matter, if you are a long term investor.