FIRRINGBULLS

VFM DIRECT

Sign by Dealighted - Coupon Codes and Deals

Powered By Blogger

Thursday, 13 December 2007

Krishna Lifestyle Technologies Ltd.

Krishna Lifestyle Technologies Ltd (KLTL), a Navin Kumar Tayal Enterprise, has posted a net profit of Rs 1.15 crore for the first quarter of this fiscal, against a loss of Rs 1.05 crore in the corresponding quarter of the previous year. The company has reported an increase of 36.75 per cent in net sales to touch Rs 45.21 crore (Rs 33.06 crore). "The company has settled all the term loans and is all poised for further expansion. With the world textile market wide open, we are upbeat on our prospects," the KLTL Chairman, Mr Navin Kumar Tayal, said.

The co has forayed into retail business now. they have large stores in Mumbai where they are planning to start cafeterias.
The co has huge prime land having attractive valuations and it is planning to devlop that land and start real estate busbusiness.
It is a big turnaround story.

As for now it is in curcuit for the past few days. It has support levels at 2.
Its has short term target of 5 and medium term target of 10.

No comments: