Sarda Plywood Industries re-visited
Dear Sumit, In the earlier mails I have talked about this company number of times. Every mail cannot speak of all companies and this is not desirable also. I am again telling, this company is into plywood and tea. Both the sectors are expected to do well in the coming days as: 1. There is a real estate boom in India. And Plywood is necessary for building houses and for upholstry purposes. 2. Boom in the tea industry calls for the demand for the boxes made of plywood. 3. The products of this company are well known in Indian market 4. It has recently acquired a company in its own field, which will give it an increased turnover. 5. Tea industry is booming with government giving Rs.100 Cr package to revamp this sector. 6. Tea prices are set to rise due to shotfall of tea in Kenya and some other African States. 7. The company has huge assets of valuation worth crores of rupees or in other words the company has huge land bank. 8. As the eastern part of India, especially, ...