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Nov 16, 2010

Jay Shree Tea & Industries - 509715


 

Name of Company

Jay Shree Tea & Industries Ltd

BSE Code

509715

NSE Code

JAYSREETEA

ICICI Code

JAYTEA

Established

 

My Take

So-So

Headquarters

 

Promoters

Birla (Kumaramangalam)

Story

 Stock has split on 16 Aug 2010 from face value of 10 to 5. 

Sector

FMCG

Sub-sector

Tea

Website

http://www.jayshreetea.com/

Positives

Regularly dividend paying company, low expected dividend yield at > 0.65%. 40% promoter shareholding with no pledging. 

Negatives

260 Cr debt and 206 Cr reserves in FY10. 

Peers

McLeod Russell

News

Price @ blogged

193 (10-Oct-10)

Cost of company

431 Cr market cap for a 62 Cr FY10 NP - which makes it 7 times. Can buy at lower levels. 

1 comment:

  1. Unjhawala Tea is a leading processor and Exporter of Premium grain tea, Green Tea, and Powder tea.

    ReplyDelete

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