
20th January 2012, 11:10 AM
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Regular Member
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Join Date: Jul 2010
Posts: 971
Rep Power: 89
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Kothari Products
Compared to VST Industries, how is this stock?
If I compare with VST which gave 45 rupees dividend is trading on 1300, whereas Kothari gave almost half 22 rs per share is trading around 450.
VST has 1 crore something shares. Kothari has 66 lakh shares.
Also net holding of parent in kothari products is 75% compared to 32% in VST industries.
But need update on performance. Also I had bought this stock way back when its ipo came. Don't know when I sold it in 2003 I guess.
Recently got letter that my dividend is pending. I just sent an email to company to send the cheque and was shocked to get 2100 rupees as dividend. I guess i had bought 100 shares at 35 rupees in ipo days in 1995 time. So in all i feel the management is good.
Need some detail about company performance and balance sheet. Planing to invest for 10 shares and exit if it touches 700 levels.
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