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| Discuss Shree Rama Mutli-tech at the Equities within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Hi All, Just read a piece of info about this company yesterday and made me ... |
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#1
28th August 2005, 02:10 PM
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Shree Rama Mutli-tech
Hi All,
Just read a piece of info about this company yesterday and made me do a little research on this company. Shree Rama is a packaging solutions provider, a supplier to a range of FMCG companies. Their financials are not looking too good, turnover has been slipping over the last cupla years. However, i feel with the turnaround in the FMCG sector this year, their business should improve. They have also come out with a product that is going to challenge Tetrapak's monopoly in the liquid food business. The product is supposed to keep liquid foods fresh for 10 days. This will definitely boost up their revenues as the liquid food industry is pretty big in India. There is also news of their debt being restructured..this would considerably improve their margin and profits. Anybody else has any info on this company and this business, please do share this info...but i personally feel that we have a winner here. 
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#2
29th August 2005, 05:46 PM
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Re: Shree Rama Mutli-tech
Dear Mr.Viv,
Nice pick.There is also a talk of take over by Nirma & hence lappreciation is possible. My guess for the target is 50 happy trading, S.R.
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