Wednesday 29 July 2015

Elantas Beck India - Evergreen stock



This is a  company with excellent promoter track record, which believes in sharing their growth with small investors by rewarding them paying 920% and 595% dividend for two consecutive year. Not only that it's a debt free company with 75% promoter holding and having  50+ years of experience in the market. It is an ISO certified company, which enjoys leadership cap in the market with owning 40+ % market share in the core business of the company. The company not only sustain and improving its top line but it has also showing promising sign of improving bottom line. With current quarter result company has posted 16 INR EPS in last 3 months. We believe company is continuously going to post excellent result, however we advise our viewer to study the company further before taking any position in this counter.

(Disclosure - we have positive coverage on this company)

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