Joined: 16/Jan/2008
Location: India
Online Status: Offline
Posts: 1624
Posted: 27/Jul/2010 at 11:03am
Originally posted by tigershark
FDC-a largely domestic pharma formulation player with across the segments products.plus an exporter of bulk drugsand api ,and a small presence in the food business thru oral rehydration mix and neutrceuticals.ROE =29%.debt almost 0 ,available at 10-11 pe current yr.3qrt results are good with a close to 20% increase in sales and almost 100% increase in np.products are well accepted by the medical community at least my personal experience.maybe those interested to get exposure to the domestic pharma business can study this business , competition from larger players is the major drawback, so also raw mat costs,and to some extent $ exchange rate.i have been brief .div yield is 1.97 trailing
Heard good things about this from my cousin who is a doctor.
Take your chances and keep them in a box until a quieter time.
Joined: 29/Mar/2007
Location: India
Online Status: Offline
Posts: 300
Posted: 02/Aug/2010 at 9:53pm
In present market condition where every thing is almost expensive FDC available at reasonable valuation. I think its a good defensive buy and hold stock may give 20%+ return in six month time
"We simply attempt to be fearful when others are greedy, and greedy only when others are fearful."
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