Inspite of poor state of construction sector, Century managed to post reasonably better set of numbers in Dec quarter. Net profit of Century Plyboards (India) rose 0.56% to Rs 41.60 crore in the quarter ended December 2015 as against Rs 41.37 crore during the previous quarter ended December 2014. Sales rose 1.76% to Rs 388.58 crore in the quarter ended December 2015 as against Rs 381.85 crore during the previous quarter ended December 2014. Century Plyboards is a high-quality consumer play with a dominant market share and any improvement in demand will augur well for the company.
Mayur Uniquoters is still a great value stock considering its consistent performance and leadership position in artificial leather industry and robust demand for its products by esteemed clients from auto and footwear industry.
The number of small-cap stocks is large and finding a quality stock that can give high returns over a long period is tough even for equity analysts. One reason is that such stocks usually have a short history and are not tracked by many analysts and brokerage houses. Then there are risks such as low liquidity, governance concerns and competition from larger players.
Below is the performance update of Hidden Gems stocks released in 2014 compared to returns given by small cap index:
We are pleased to share with our readers that 7 Hidden Gems out of 12 released in 2014 have already achieved their target price giving more than 100% returns to our members in period of 6 to 12 months. Hidden Gems stocks - 2014 average returns as on date is 88.5% compared to small cap index average returns of 20.5%, hence outperforming small cap index by whopping 68%.
Similarly, if we look at performance of Hidden Gems stocks released in 2015, we are glad to share that our Hidden Gems stocks continue to outperform small cap index by wide percentage points.
Hidden Gems - 2015 as on date average returns is 25% compared to small cap index average negative returns of -2.7% in 2015, outperforming small cap index by 27.7%.
If you have patience and want to add extra power in your portfolio, start investing some portion of your savings in fundamentally strong small and mid cap companies - Hidden Gems & Value Picks.
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