Mangalam Cement recommended 1 year back has give 70 % return
- Mangalam Cement has recommended 1 year back for our followers.
- We recommended this stock with 1 year ot 2 year timeframe.
- In 1 year it has given returns of 70 %.
- Hope Investors with 1 year horizon has got good returns.
- Company has given very good profit this quater and turnaround from loss to profit.
- We see cement demand growing from hear on and Mangalam cement will benefit.
- 2 yrs timefram incestors continue to hold the stock.
- The company is planning to setup New Grinding Unit at Aligarh with a capacity of 0.5 MTPA
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http://niftyhistoricaldata.blogspot.in/2015/09/mangalam-cement-limited-multibagger-2.html
Mangalam Cement Limited Multibagger 2 yrs timeframe
- Mangalam Cement Limited, company was incorporated on 27th October 1976. As a B.K. Birla Group wing, the company is producing cement in 43 grades, 53 grades and Portland Pozzolana Cement (PPC) using the dry process and marketing under the brand name of "Birla Uttam"
- The Company started commercial production in March 1981 with an installed capacity of 4 lakh tonne per annum of Cement.Currenty it has grown to 3.25 MTPA.
- All the units of the Company namely Managalam Cement and Neer Shree Cement are located at Kota, Rajasthan.
- It also has set up two Captive Thermal Power Plant of 17.5 MW each.It also owns 13 Wind Mills at Jaisalmer, Rajasthan with a capacity of 13.65 MW generation per day
- Though the companies financial is not good for past 2 quarters, its strong brand value and smart cities project is going to greatly improve the companies performance.
- We belive the stock could double from it current price and its good value investing for the investment.
