Wednesday, 9 November 2016

Shree Ajit Pulp & Paper - New Paper Stock to Watch

In a simple post on this blog on 25th July 2016 titled Paper Stocks up next I talked about 3 paper stocks.
Star Paper, Kuantum Paper, Nirvikara (Name changed to Balrkishna).
All of them have moved insanely. 

SO HERE IS ANOTHER INTERESTING STOCK TO WATCH:
SHREE AJIT PULP & PAPER LTD
BSE: XD GROUP
BSE CODE: 538795
CMP: AROUND 250
MARKET CAP: 140 CRORES
TRAILING P/E: AROUND 10
P/E AS PER FULL YEAR EXP: UNDER 8 

ON THE CHART IT LOOKS LIKE IT HAS BEEN A HIGHER HIGH, HIGHER LOW BULL RUN AND CAN DO REALLY WELL GOING FORWARD.


AND I WILL NOT SAY A WORD ON DONALD TRUMP AND THE WAR AGAINST BLACK MONEY, WHILE DONALD TRUMP IS NOT HIGHLY RELEVANT TO OUR MARKETS AND THE BLACK MONEY WAR IS A GREAT STEP, I FEEL ITS ALREADY SO BADLY HYPED BY THE MEDIA THAT WE DON'T NEED TO TALK MORE ABOUT IT AND JUST FORGET IT FOR A WHILE.

Note: The above is not a research report but information as available on public domain and it should not be treated as a research report.


Registration status with SEBI: I am not registered with SEBI under the (Research Analyst) regulations 2014 and as per clarifications provided by SEBI: “Any person who makes recommendation or offers an opinion concerning securities or public offers only through public media is not required to obtain registration as research analyst under RA Regulations”


Disclosure: It is safe to assume that i might have SHREE AJIT PULP & PAPER LTD in my portfolio and hence my point of view can be biased. Readers should consult their financial advisory before any investments.

14 comments:

  1. Good pick sir. In recent days, paper shares are moving north after sugar sector. Do you think the paper shares rally surpass sugar?

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  2. By the way your recommended shares like Vidhi, pincon, Associated alcohol, KM sugar are rocking. All these shares are much above than the recommended price.

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  3. Ace sir, most of your picks are rocking but I am worried about Snowman.. It is still languishing at your recco price of 58 even after 06 months and worse is their bottomline is in red for Q2.. Can you share your fresh view on the stock for us ?? Whether it is worth to hold or exit ??

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    Replies
    1. Snowman will need long-term patience, Big industry change and total GST reform and blah blah needs to come for that to create wealth in the long-term.

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  4. Shree Ajit Pulp stock has already appreciated by 100%. Is it fully priced now?How much can it appreciate further?

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  5. Your opinion on the recent quarter results of Shree Ajit pulp: hold/ buy/ sell?

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  6. Hello sir, bought at 255 and down by 20% today..whats your advice ? shall i hold?

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    Replies
    1. Hi Aditya, results seem to be okay.. Its just the panic in market, large caps are crashing like anything so small caps getting hurt big time.

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  7. Dear Sir,
    I bought 1200 shares when it was at 254 anticipating a pre result rally and a post result rally. No doubt now the overall market is down due to demonetisation and Donald Trump victory. Nevertheless, poor results by the Shree Ajit Pulp Paper this quarter. Is it entirely because of the fire in the raw materials stock pile? Can we expect it to rally when the market improves or after a hopeful better Q3 result?

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  8. Sir it is advisable to buy Ajit pulp at cmp (176)....thanks

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  9. Dear Sir,
    I had bought 1200 shares at 256 rupees a few days back. This Q2 results being poor, how is the chances of recovery of stock price ?

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  10. Hi Ace,

    How long do you think that the bear market will continue? How low will the NIFTY go to?

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  11. Sir, please share your view on skm eggs products?

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  12. I want to invest big money is it right time for Ajit pulp at 190?

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