Tag: logistics
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Balmer Lawrie – An Update
19th Dec 2016 CMP Rs 1085 Advice: SELL – It has achieved its price target and is Overvalued Dear Readers, We had published a report on Balmer Lawrie and Co (BLC) on 17th Oct, 2016. This is a follow up report where we have changed our recommendation due to significant recent events. We had recommended…
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Balmer Lawrie – Is Traveling Fast Now
Date: 17th Oct 2016 CMP: Rs 677 Industry: PSU, diversified Small Cap with Mkt Cap 1980 crores Advice: BUY with a target price of Rs 1057 by Mar 2019, a 56% upside Overview: Balmer Lawrie & Co is a diversified PSU firm into Travel and Tourism, logistics, Industrial packaging, greases, lubricants and Leather chemicals. In…
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Navkar Corp IPO – Location Challenges – Avoid
Date Aug 25th, 2015 IPO Period: 24-26 Aug 2015 Industry – Logistics Mid Cap share – 2210 cr market capitalization Advice: Avoid Summary Navkar Corporation is logistics firm that provides container handling and storage services. It is established in the JNPT port region and has expansion plans locally and in Vapi Gujarat. The Income, EBITDA and Profits have…
