We are glad to inform you that Roto Pumps target price of Rs. 220 was already achieved couple of weeks back. Today, Roto Pump Ltd has made its all time high of Rs. 286.10 (201% returns) and is frozen at upper circuit of 5%, Roto Pumps is now a 3-Bagger stock for our members within period of 22 months.
There are 11 more Hidden Gems out of 30 published by our equity analysts in last 3.5 years which have given more than than 100% returns to our members within 12 to 18 months time period. We suggested partial profit booking in many of these stocks and our members en-cashed more than 100% returns and now hold remaining quantity for free in their portfolio.
We also like to share that there are Hidden Gems which gave negative returns to our members but downside was limited. We suggested our members to exit from some of these non performing companies to ensure that they utilize their capital in the most optimum way.
Below is the summary of Roto Pumps Ltd shared by our team under Hidden Gem research report - Aug'12.
The Authority has allotted us 20,000 sq. metres of land in Sector Ecotech-XII. Company planned to start civil works on the expansion project by 2009-end and commercial production was expected to start by end of 2011.
Company has imported machinery to the tune of Rs 5 crore for capacity expansion. The project was funded through internal accruals and bank loans.
Roto Pumps products are widely used abroad in sectors like oil and gas, pharmaceuticals, food industry and especially in waste water treatment plants. The company is also planning to diversify its business.
- 50% at current market price of 105
- 50% at price range of 83-85 (If stock price falls during market correction)
Team - Saral Gyan.