Buy BPL Limited [NSE CODE: BPL]
Buy at 35.80x240 shares with stoploss Rs.26.00
Expected targets in January-2015
1st Target: Rs.41.50
2nd Target: Rs.47.00
3rd Target: Rs.52.50
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Shareholding Pattern
Promoters 63.24%
FII / Banks 0.92%
Others 35.84%
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Price Trend
1 Month 52.00%
3 Months 88.51%
6 Months 115.52%
1 Year 157.49%
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Company Profile
Company Profile
BPL is in the Consumer Durables Consumer Electronic/Appliances sector. BPL was established in 1963, by Mr T P G Nambiar to manufacture precision electrical instrumentation.BPL Medical Technologies is a group company of BPL Limited (NSE:BPL) has secured an equity commitment of INR 1,100 million (approximately US$20 million) from Goldman Sachs. The current market capitalisation stands at Rs 59.84 crore.The company has reported a standalone sales of Rs 20.97 crore and a Net Profit of Rs 1.66 crore for the quarter ended Sep 2013. The company management includes Ajit G Nambiar - Chairman & Managing Director, Anju Chandrasekhar - Director, K S Prasad - Director, S Prabhala - Director, K Jayabharath Reddy - Director, Suraj L Mehta - Director, Subhash Bathe - Director. It is listed on the BSE with a BSE Code of 500074 and the NSE with an NSE Code of BPL. Its Head office is at BPL Works , Palakkad,Kerala - 678007.
web site : http://www.bpl.in
Book Profit @ CMP 40.00 X 120 shares
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