Vamshi Rubber Industries Ltd: (Update):

The company will use the 4 acres of land for expansion of operations. The company is expected to generate sizeable revenue of at least 25% in excess of the present capacity through this expansion. The said expansion will be completed by the end of this fiscal. The company's retail networks are doing excellently well and it is thinking of expansion the sales work force. The marketing department of the company has been revamped and the sales will increase in the coming quarters. The most striking part of the company is that it is able to passs on the increased cost of raw material to the end users. Since the rubber prices are going down it will increase both its top and bottomline in a large way. But even if the rubber prices rises it will not affect the company bottomline in a large way as it is able to pass on the increased cost of raw materials to the end users as mentioned earlier. This is amply reflected in the last quarter results when it came out with excellent performance. The net profit and sales both took a quantum jump. This is expected to go up further due to steps mentioned earlier. Hence I still maintain a hold of the scrip and maintqain a buy after the stock consolidates. It is natural for the stock to go for minor correction after such a rally. Some analysts have put a target of Rs.70--Rs.75 in 8 to 18 months time frame. Today I have recommended MRO-Tech at Rs.48 and Landmarc Leisure Ltd (Formerly--> S Kumar Infrastructure Ltd) at Rs.1.07 for some speculative gains. The company is making a leisure park in Worli(Bombay), the land value of which is in terms of CRORES OF RUPEES. IT IS CONFIRMED THAT THE LAND BELONGS TO THE SRI RAM GROUP COMPANIES, of which S Kumar Infrastructure Ltd is a part. MRO -Tech is an excellent company in the IT space. Nova Petroleum Ltd hit another buyer freeze. Best regards, Suman Mukherjeee India.