absolutely but people like solution of queries who always give negative views on all stocks . they dont have knowledge of business or stocks and are just manipulator/operator type of people trying to say anything in the air.
In terms of consumption story in leather gods, always saw some crowd in Khadim showroom in Kolkata better than Bata showrooms. Moreover choices available with both Bata and Khadim for all kinds of products. Both are kolkata baad companies. In terms of competition, except Bata no other companies like mirza international, relaxo, liberty are matching in products and price.
fairly priced scrip..may it be the enterprise value seeked by the promoters or the P/E..it ticks all the right boxes to qualify as a very promising buy...surpassing 875, 900ish mark dosn''t seem like a mountain of expectations...
Listing to upper circuit ho gi... Like Dixon technology ke bare me sub aasa hi Bol rahe the, ki bhalut higher price Rakhi hai.. Listing me sub pata Chal Ja ye ga...
Consumption story wont disappoint any of the investor. Check history of Dmart, Future group. Bata is direct compititor of Khadim market will give 2nd choice of valuation after Bata. Lets see positive listing of Khadim GST benificiary.
With today decision of GST council reducing 28% to 18%, most beneficial leather company will be Khadim. Khadim products of less than 500 are already very popular in Eastern India and this reduction will provide them better sale in coming months.
Nothing to worry price will be in 950-1000 by March 2018.
@Hiren just check the PE at which all competitors available, it is 43-47 times. Khadim at 750 IPO price is 42 times of 2016-17 EPS. Still better than all its competitors. More over on the net value/ share criteria it is 107 better than all its competitors. As brand value khadim is far better than relaxo and liberty or mirza international.
294.3. Khemka| Link| Bookmark|
November 11, 2017 8:25:16 AM
(1000+ Posts, 400+ Likes)
Come after gujrat poll ,its short term benifit,in next meeting maybe reversed