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Monday, January 2, 2012

Samkrg Pistons & Rings Ltd ( BUY ) CMP 67.00 Rs ( HIGH DIVIDEND YIELD )

SAMKRG manufactures and markets a wide array of engineered Pistons, Piston Pins, Piston Rings & Circlips for the automotive markets. The company has grown in strong markets and maintained profitability in economic downturns making its business units better leaders in their niche markets. 

COMPANY PAYING DIVIDEND FROM LAST 5 YEARS BETWEEN 45%-30 % COMPANY PERFORMED LAST YEAR 27% TOP LINE 40% BOTTOM LINE. FOR FIRST HALF POSTED  70% TOP LINE AND 160% BOTTOM LINE .GROWTH EXPECTING 50% DIV THIS YEAR. BUY AS DIVIDEND YIELD STOCK(7.5) %.WHICH IS TAX FREE.EXPECTING 18 EPS FOR FULL YEAR. SEE LAST 5YEARS GROWTH 




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