We are glad to inform you that Roto Pumps has not only achieved its target price of Rs. 220 within 2 years but also turns to be a 4-bagger stock for our members. Today, Roto Pump Ltd has made its life time high of Rs. 416.90 after hitting 2nd consecutive upper circuit of 10% during last 2 days, stock is currently trading at Rs. 410 giving whopping returns of 332% to our members within period of 24 months.
Moreover, our team has reiterated buy on Roto Pumps last year in July 2013 and suggested our members to buy it again at price of 95 in our special report: 5 Hidden Gems - 5 Bagger in 5 Years. Yes, Roto Pumps was one of the Hidden Gems selected by our team in our special report last year which have the potential to give 5 times returns within 5 years.
We are delighted to share that within one year, Roto Pumps has multiplied the investment of our members by more than 4 times, our members bought it again in July 2013 at price of 95 are getting absolute returns of 332% today. Cheers! We have another 4 years left for our members to get remaining 68% returns (16% more from current market price) to achieve price target of Rs. 475 for our 5 bagger since July 2013, which we are sure can be easily achieved in next couple of months.
There are 16 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 some 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.