Pantaloon......a must have stock
now the important question in the mind of readers must be the reason for this rush to retail amongst who's who of India Inc......the reason is in retail sector the turnover is two times of assets.Even with net profit margins of only 4%,the return on investment is 16-18%.Besides,rising disposable income amongst India's middle class and the rather primitive state of current retail in india as compared to global scenario is lucrative for retail foray...
Retail sector is expected to grow at a healthy CAGR(compounded annual growth rate) of 35% over the next four years...considering this i am presenting few stock ideas.
Pantaloon Retail is a clear buy at current levels of 500 odd ....the stock has moved up nicely post its split.....its de-facto leader in retail sector n is expected to clock a healthy growth...in FY07 it plans to open 100 new retail stores across the country.....
Retail sector is expected to grow at a healthy CAGR(compounded annual growth rate) of 35% over the next four years...considering this i am presenting few stock ideas.
Pantaloon Retail is a clear buy at current levels of 500 odd ....the stock has moved up nicely post its split.....its de-facto leader in retail sector n is expected to clock a healthy growth...in FY07 it plans to open 100 new retail stores across the country.....
posted by rocky at
9:15 AM
2 Comments:
This comment has been removed by the author.
Hi Rocky. You are a nice writer. We would like to welcome you to contribute to www.indiapoised.info
thanks
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