Breaking News:

Simmond Marshall Ltd: Set to announce bumper Q1 today:

denofwealth est Q1 PAT 2cr vs 89 lacs in Q4FY16, rising 124% QoQ. Huge improvement due to cost cutting.

Small Equity 2.24cr

Q1 Eeps 1.78 vs 0.79

Coming quarters to be still better

FY17Eeps Rs 8.

One of the oldest mfr of Fasteners and Nut/Bolt for Auto and engineering industry ( same as Sundaram Fasteners, Sterling Tools)

Even if SML gets PERatio of 15, stock should be Rs 120.

52 week high 132.