Umang Dairies is currently trading at Rs. 40.85, up by 0.55 points or 1.36% from its previous closing of Rs. 40.30 on the BSE.
The scrip opened at Rs. 40.50 and has touched a high and low of Rs. 42.00 and Rs. 40.50 respectively. So far 5,950 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 69.90 on 05-Dec-2012 and a 52 week low of Rs. 30.00 on 26-Mar-2013.
Last one week high and low of the scrip stood at Rs. 42.70 and Rs. 38.10 respectively. The current market cap of the company is Rs. 89.00 crore.
The promoters holding in the company stood at 74.76% while Institutions and Non-Institutions held 0.07% and 25.17% respectively.
Umang Dairies is in an expansion mode and during the financial year 2012-13, it enhanced capacity of its Drying Plant from 3 lakh litres per day to 4.5 lakh litres per day. It is also exploring possibilities of acquisition of some existing dairy company having synergy with its product portfolio.
It has already achieved a robust growth in its Sales and Profit for the year ended March 31, 2013. In the backdrop of an overall depressed economic scenario, an increase of 16% in the top line and 17% in the bottom line seems to be good performance.
It also operates and manages, under a long term agreement, another dairy facility belonging to the Group where it processes and packs over 5 lakh litres per day of Liquid Milk in poly pouches for Mother Dairy. Capacity utilization in 2012-13 was 101% in 2012-13 vis-a-vis 87% in 2011-12.
Capacity of this facility has also been increased from 5 lakh litres per day to 6 lakh litres per day. This makes Umang one of the few companies in India having processing facility of over one million litres of milk per day at single location.
In a bid to expand its product portfolio, Company has launched a new product Flavoured Milk on 8th May 2013. Initially the product, under the brand name 'DOODZ', has been launched in National Capital Region (NCR). Company, later on, plans to take it Pan India. Company is also working on some more products and hopes to launch some of it in second half of calendar year 2013.
| Company Name | CMP |
|---|---|
| Nestle | 2165.15 |
| Britannia Inds | 4685.00 |
| Varun Beverages | 625.20 |
| Marico | 623.20 |
| Hatsun Agro Product | 1017.00 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
Make an informed decision for Stocks
Invest using an intelligent system with powerful data-driven tools that help you identify opportunities and make informed buy-hold-sell decisions
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Limited to the first 10 users today!
Practical Stock Investing Hand Book
By - Raymond Moses
Founder of MoneyWorks4Me | Consultant | Trainer | Author | TEDx Speaker
Register & Get Instant Access!Don't miss out! First 10 users today get it FREE
With this 4 hrs Masterclass, you’ll be able to:
Download APP
