The market continued to post weekly loss though the Friday witnessed an unexpected come back. The year to date loss in the BSE Sensex is 14% till the close of the last week and loss in my portfolio is 15%.
Good buys in my watch list
||3 Years Target
Launched in 1980, Cera is a pioneer in the sanitaryware segment in India. Based in Kadi, Gujarat, Cera Sanitaryware Ltd. was established with an initial capacity of 3,600 MTPA, the plant has undergone several periodical upgradations and modernisations to expand to 25,000 MTPA. To achieve growth in the rapidly changing retail market in the country, Cera, has launched its one of a kind Cera Bath Studios in Ahmedabad, Bangalore, Chandigarh, Kolkata, Cochin and Hyderabad, Mumbai. With the opening of the Cera Bath Studios, the discerning consumers, architects and interior designers can have full view of the Cera’s premium ranges of WC’s, Wash Basins, Shower Panels, Shower Cubicles, Bath Tubs, Shower Temples, Whirlpools, CP fittings etc. Cera Bath Studios will complement its existing network of 600 dealers and 5000 retailers. Several Bathrooms are displayed live, so that the customers can get a feel of Cera’s vast range of products. Having shown a growth rate of more than 25% since last 3 years, Cera Sanitaryware Ltd. today is the fastest growing sanitaryware company in India. For its contribution towards the industrial growth, Cera’s ED ‘Mr. Vidhush Somany’ received “The Nirman Ratna Award” in September 2010. (www.cera-india.com ).
The Cravetex was incorporated in 1951 and was one of the largest chains of dyers and dry cleaners of it’s time. Along with these ventures, the Company also diversified into textile processing and printing. The Company expanded into the manufacture of sports and casual wear, culminating recently, in the distribution of fitness equipment for home and commercial use. The Company represents several reputed international brands of fitness equipment in India and is the only ISO certified & public listed company in this field. The Company has now integrated beauty therapy into its already versatile list of services. The Company offers a range of advanced international beauty therapies within spas across the country as well as providing clients with high-end beauty products from one of the leading beauty product manufacturers in the world. The Company continues its presence in the Garment Exports Market and the domestic footwear market where it caters to the needs of several international brands. www.cravatex.com
Opto Circuits (I) Limited, headquartered in Bangalore, India, has a range of products that includes, Pulse Oximeters, Pulse Oximeter Sensors, Fluid warmers, Cholesterol monitors & recently Stents. OCI is in a very specialized, technology oriented Opto electronic industry since 12 years. OCI has the status of Export House and has been awarded two star trading house status by the Federal Government of India. It has ISO 9001-2000 and ISO 13485-2003 quality system certification. OCI group companies have been awarded CE approval for its products. The subsidiaries of OCI possess FDA approval for different products being manufactured by them. www.optoindia.com
GlaxoSmithKline Consumer Healthcare Ltd., the Indian associate of Glaxosmithkline plc, U.K., is a market leader in the Health Food Drinks industry in India. Its flagship product is Horlicks which is over 100 years old in India. The Company also manufactures Boost, Viva, Maltova, Biscuits. It promotes and distributes prominent brands in diverse categories such as Eno, Crocin and Iodex. GSKCH exports to more than 37 countries across the globe and around 8% of its sales comes from exports. The company has a strong marketing and distribution network in India comprising over 1800 wholesalers and direct coverage of around 6 Lakh retail outlets. Its manufacturing facilities are located at Nabha in Punjab, Rajahmundry in Andhra Pradesh and Sonepat in Haryana. It was incorporated in 1948 and went public in 1978. www.gsk-ch.in