Hello Friends, on 14th May I had posted a blog on Galaxy Surfactants Ltd with a Buy Call at that time stock was trading around 1000/- a share. as on 4th June stock closed at 1170/- a share.
Company has declared its Q4 Nos and the numbers are pretty interesting if we look March quarter revenue came at 682 Crore with Net profit of 57.10 crore and EPS stands at 16.11 a share.
During 2018-19 turnover were 2762.99 crore and Net Profit stood at 190.98 crore with an EPS of 53.87
If we compare with last fiscal 2017-18 march quarter company had a turnover 643.56 Crore with Net Profit of 40.03 crore and EPS was 11.29 a share.
so results are good compare to other FMCG companies and anyone who wants to invest directly into equity with low risk then Galaxy Surfactants Limited is the best stock to buy via SIP root.