This services company for 50% Gains – Long term

This services company for 50% Gains – Long term post thumbnail image

We have been looking for stocks that can benefit from the growth potential in the logistics business in India. Redington is an ideal candidate to be tracked and added to buy list as this company is an expert and niche player in this arena. Company has marquee customers such as Google , Apple and OnePlus among others for distribution , consulting and supply chain management in India.

Stock Name : Redington India

Recommendation : Buy Near 115 , Target 186 : Time frame 6 to 8 Months

Items2016201720182019Remarks
EPS Growth10%10%4%8%Decrease in EPS due to repayment of Debt
Net Sales Growth11%14%1%11%Stable Sales Growth *
BVPS Growth10%10%4%8%Strong Book Value
Debt / Equity Growth1%-40%-15%-20%Declining D/E indicating aggressive debt repayments 
ROCE Growth-9.98%1.94%2.02%2.21%Stable ROCE

hs

2111 Total View since inception 2 Todays Total view

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