An An investment banker is bullish on Navkar Corpora-tion, which had entered the capital market last August to raise around Rs 600 crore, and of late, the logistics sector is in the limelight with the company providing container freight station (CFS) services and trading activities. At present the company has three CFS, two at Ajivali and one at Somarthane all near Panvel, Maharashtra. For fiscal 2015, it had earned a net profit of Rs 74 crore on a total income of Rs. 332 crore. And with the prceeds of the issue the company has started setting up a logistics park at Valsad, near Vapi. At the same time, the capacity at Panvel is also being raised. The benefits of these growth plans will be reflected in the company’s balance sheet from the year ending March 2017.
SSPDL LTD It is a small company having presence in South India. It has presence in Chennai, Hyderabad, Kerala and Bangalore. Only BSE listed company. But Circuit Filter is at 20%. From Annual Report: Company is primarily focusing on the development of land, plotted lands, mid-size houses, etc. and reduce the construction contracts work. In view of the projects of the Company under execution and in pipe line, the management is expecting better prospects in future for the company. During the year under review Company given loan of Rs 2.80 crore bearing 18% interest per annum to M/s. BHEL Employees Model Mutually Aided Co-operative House Building Society Limited for meeting the shortfall of amount in paying stamp duty for registering plots in Society’s Name. Projects completed during the year 2014-15: - (1). Frangipani, Pudupakkam, and (2). Meeting House/Service Centre, Bangalore. Regarding Ongoing Projects: 23 Cr is yet to receive from IT park (Alpha City pro...
Comments
Post a Comment