PORINJU'S PICK

Kanoria Chem (cmp- 41.55)

Expressed on ET NOW....recently in the month of FEB'15


Price when posted : , NSE: Rs. 38.50 ( -1.91 % )
Porinju says its a fundamentaly good company.. It will become a multibager..

 

Kanoria Chemicals & Industries Ltd has informed BSE that the Company has been awarded the prestigious ET (Economic Times) Bengal Corporate Award, 2015 in the category of "Fastest Growing Company" with turnover between Rs. 300 Crore and Rs. 1000 Crore.

 

Kanoria Chemicals & Industries Ltd has informed BSE that APAG Holding AG, Switzerland, (APAG) the wholly owned subsidiary of the Company has acquired 100% stake in CoSyst Control Systems GmbH based in Nuremberg, Germany (CoSyst) for a purchase consideration of Euro 640,500. As a part of the transaction APAG will also take over the loan amounting to Euro 209,500 provided by the erstwhile shareholders to CoSyst.

CoSyst is engaged in development of project and customer specific products primarily for automotive electronics and it is strategic fit for APAG’s expanding operation. With this APAG operations will be spread over Switzerland, Czech Republic and Germany.

APAG is also contemplating to have a sales organisation for its existing lines of business in North America by incorporating a wholly owned subsidiary either in USA or in Mexico.

 

Porinju's interview on ET NOW on 5.02.2015 can be seen in the following link


https://www.youtube.com/watch?v=zhqRmpDXg98

 

Another scrip suggested in the above interview is CAMPHOR AND ALLIED PRODUCTS now trading at 263

 

I will definitely buy one of Porinju's stock pick this year...his is true stock digger

 

KANORIA up by 9% to 45.40

 

https://twitter.com/porinju

 

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Let's hope for the best Madam

 

Sir, is it still a good buy or it is too late now?

 

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I think the scrip after recommendation has not gone too far.Can be added at 45 now.

 

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Camphor ended at 282 today

 

worth accumulating the stock target 80

 

GANN fan weekly candle possible

 

Dear Esn1Esn sir ,
" Kanoria chem " is a good company and also well diversified
1.Automotive & Electronic Business
2.Chemicals
3.Renewable Energy
4.Textile
5.Chemicals

and moreover foreign Promoter take 434739 shares that is equal to 0.99 %

 

I dont its time to jump here opm is still fallin.

my views only