Ginni Filament=
Gold Filament at 18 with 75 Paisa dividend is worth a buy.
Ginni Filament a primarily a textile company but with a difference, they are setting up a "Spun Lace" non woven fabric in India for the first time, and production will star from last quater of 2006.
The products find extensive application in consumer hygiene products, Medical Textiles and Industrial End Use like PVC / PU Coating Substrates. Converting facilities for making downstream products from roll goods have also been planned.
With launch of "Spun Lace" non woven fabric Ginni is planning variety of consumer products like Baby & Beauty Care Products for children & women and this segment they variety of products in pipeline, so people with 2 year holding capacity can most certainly look to get a price of Rs.40 or so on Ginni Filament. This stock trading at Rs.18, but it is not a junk stock like others.
Regards,
Reetesh.
Hope to see your views on this guys...