RESULT UPDATES

ARROW COATED PRODUCTS  - suggested @ Rs.12 ( CMP  Rs.453)   reported Rs.48 Cr turnover and Rs.22 Cr net profit for FY 2014-15 on a consolidated basis . EPS is Rs.19. Company declared a dividend of Rs.2.5 per share.High  risk investors can still hold.

 

V2 RETAIL - Suggested @ Rs.14 ( CMP  Rs.33 )  reported  a topline of Rs.287  Cr ( last yesr Rs.229 Cr) and a net profit of Rs.9.75 Cr ( loss of Rs.4.5 in last year) .Full year   EPS is Rs.4.14. Company's value shopping e-commerce platform ( http://www.v2kart.com/) is expected to launch formally in near future .Suggesting to hold it

IL& FS ENGINEERING   - suggested @ Rs.98 ( CMP  Rs.90)   reported Rs.2771 Cr turnover ( since company's last year result published for 18 months , it is not strictly  comparable with this year result)   .Company reported a loss of Rs.11 Cr ( last year Rs.145 Cr loss) for FY 2014-15. Though its last quarter result is lower compared with previous one , strongly suggesting to hold for long term. If there is any sharp  fall in stock price due to exit of short term players , long term investors may take it as an opportunity.

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