Skip to main content

Navkar Corporation (BSE Code: 539332)

 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.

Comments

Popular posts from this blog

Dalal Street Tower Talk

Dalal Street Tower Talk   Singer India (Rs 182)--Singer Is a MNC Company in Which Promoter Holding Is 75 % Its Likely To Achieve EPS of Rs 6 Along With 15 % Dividend For The Fourth Quarter ended june 2015.Their Is also Likelihood of a Strategic Corporate Anouncement   Amines And Plastic:-Some Movement Can Expected In The Stock In The Coming Days (Bonus Buzz)  

Dalal Street Tower Talk

Future Consumer (Rs. 17.00) (Code: 533400) :- The stock is on the rise after Kishore Biyani-led Future Group entered in a tie up with Baba Ramdev's Patanjali group to sell its products in Big Bazaar. MT Educare (Rs. 136.00) (Code: 534312) :- A leading chartist is very bullish on the share of this education sector company. According to the chartist, the stock is in upward direction since June 2015. He is recommending a buy for a target price of Rs. 150 and stop-loss of Rs. 126. Redington India (Rs. 119.00) (Code: 532805 ) :- Chennai-based Redington is set to acquire majority stake in Turkey-based Oracle distributor Linkplus Bilgisayar Sistemleri Sanayi Ve Ticaret. Its UAE subsidiary has also been selected as a distributor of iPhone. It is launching two new iPhone models of Apple in India in November, which will add current to the stock Eros Inter. (Rs. 479.00) (Code: 533261) :- After many delays, the much-awaited Malayalam movie Pathemari, starring superstar Mammootty, ...