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Vakrangee

kvijay2013
Silver Member

4340 Messages

Friends... was going through the financial results which were posted last month by vakrangee... have reviewed the complete document.. and the reduction is profit is due to one time rite off and due to company giving bonus shares to the employees... which has resulted in lower profit... if we consider both of these n then calculate the profit after tax... it will be well above the dec quaterly results.. so we can expect a big results in 1st week of august... already company has appointed new auditors... new auditors are A.P.Sanzgiri & co..... company to expant the vakrangee outlets from current 45000 to 75000 by 2020... already 8000 applications have been recieved for opening of new outlets... by july 31st 2018... in mumbai area.. 50 outlets will be functional and will add to the revenews.... with all the right things going on in the company... its the right time to enter the stock at current price n sit tight for our money to work n build a big fortune for us... haha.. at the end.. only patience pays in stock market... if we consider some one who bought 100 shares at 500 thats 50k investment... if the same person bought 1000 shares at 30 rs.. thats investment of 30k.. he will have 1100 shares at average cost of 72 per share now... will be happpy to wait for 300 in few months to book a fantastic multibagger returns... Q1 results will be great... one more information.. the current assets at vakrangee are worth of nearly 10,000 crores.. and current market capitalisation is 5590 crs... company is DEBT free currently... all money will be used for business expansions and for share holders in form of dividends... hold with patience for few months for 300 levels easily... Jai Hanuman... Jai Hind

12.03 AM Jul 14th
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