Thursday, February 3, 2011

SEL Manufacturing

SEL Manufacturing (CMP - Rs. 19.75) -PE - 2.6.
Business Sector - Textile (Manufacturer of Yarn)
1. Check today ET for their expansion plan.
2. In terms of Net Profit SEL Manug is 2nd best. PE is undoubtedly amazing. One of their plant commissioned in the month of March. They are third highest in terms sales turnover.
3. Govt have allowed cotton yarn export thererby increase in yarn prices by 5 to 10%
Worth investing in this stock.