Hawkins thread seems to be the only thread alive on ted.
The results for the qtr are good considering the overall slump in consumption the almost 30% rise in top line is commendable. Hawkins has been testing patience for quite some time now. Have reduced my stake to 9%. Could not gather the courage to exit due to high roce and ethical mgmt
I think the launch of induction based cookware might be helping. They have performed better than prestige.
Fingers crossed
At least here I don't have the fear of losing money

I call these stocks fixed deposit stocks

If the company posts good results for another 4
Qtrs , we should double our investment in this
Stock. With all the troubles faced by the co
In past 6 quarters , now they should not go
Wrong

Originally posted by anshumanmohta If the company posts good results for another 4 Qtrs , we should double our investment in this Stock. With all the troubles faced by the co In past 6 quarters , now they should not go Wrong

Do not forget that stock is already priced at trailing PE of 34 and trailing yield of 2.4%.

For it to double from CMP, we need EPS of 150-160 (at 30 PE) and sales of 700 Cr with much improved net margins of 12% (FY14 net margins are 8.4%). All these are optimistic scenarios and the sales growth is key to everything.

I personally don't think sales growth will come in 4 quarters. Economy needs to pick up for that. So it's FY16 that everyone is looking at with great hope for Hawkins. It's upto every investor to hope or not.

I call these stocks fixed deposit stocks

It is not just Hawkins . Many stocks are to be treated only as fixed deposit stocks  in the current scenario. The last few years and the coming few years are really testing times for any serious investor as a stock can sit idle for 3 years and suddenly see an explosion in the 4th year and zoom .