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Treadsdirect

NSE Code Treads

Treadsdirect is the LG Balakrishnan group company engaged in retread business. For the 9 months ended 31.12.2009 the company posted net profit of Rs. 13.70 crore on a turnover of Rs.117.65 crore against net profit of Rs.7.05 crore on a turnover of Rs. 116.85 crore for  corresponding previous period. For the entire 08-09 the company reported net profit of Rs. 11.20 crore on a turnover of Rs. 155.01 crore. Thus the bottom line has shown remarkable up trends as retread industry is set for a boom period ahead. The scrip is listed on NSE and is worth accumulating at every decline. It hovers around Rs. 8.60 against 52 week high/
low of Rs. 11/3, FV Re. 1.

This entry was posted on Thursday, May 6th, 2010 at 6:43 pm and is filed under Free Intraday Tips. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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