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Showing posts from June 30, 2018

McDowell ready for 750++ Keep on Radar

Unite d Spirits Ltd  ( NSE: MCDOWELL-N) - SHORT TERM MULTIBAGGER Buy at CMP - 664, Targets - 750- 880, Time Frame - 3 months to 9 months, SL-615 TRIGGERS: 1) United Sprits has accuired 26% stake in HipBar which is an e-commerce application to boost it sales  The company has subscribed to 4,567,568 equity shares of Hip Bar at Rs 59.11 per equity share, United Spirits Ltd   Hip Bar, which serves the needs of beverage alcohol industry and its consumers through the HipBar Mobile Wallet and delivery app, had a turnover of Rs 8,108 in the financial year ended March 31, 2017. Its net worth was at Rs 3,81,45,431, the filing added. HipBar's platform should provide growth opportunities for its on-line, ecommerce route to market. 2) The company's Q4FY18 net profit was at Rs 211 crore against loss of Rs 104 crore in a year ago period, Bumper Q1FY18 is expected  Revenue from operation rose 6.4 percent at Rs 6900.4 crore on strong grow