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Monday 2 January 2017

Q2 PAT up 1000%: Cheapest Textile Stock(Uninterrupted Dividend track record)

Kamadgiri Fashion Ltd:

               Q2/FY17 Q2FY16

Sales.     86.           71

PBT       1.80.        0.18

PAT        1.21.        0.12

Equity.    5.87

Q2 PAT has risen 1000% YoY as co has increased sales of its *OWN BRAND fabrics(True Value,True Linen)* and cost cutting

KFL is largest supplier of garments to FUTURE group and also supplies to all major Garment brands in India

*Kishore Biyani thru Pvt firms holds 28% stake*

_Watch for some big corporate action_

Stock is trading at just 10%xFY18 sales

TP Rs 120-130 in short term

( Low liquidity means faster rise in share price)

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