Shares of textile player Donear Industries rallied as much as 18% in Tuesday's trade as the company said that the promoters of the group have acquired OCM Woolen Mills. After opening strong at Rs...

Donear Industries Ltd. is trading below all available SMAs

Donear Industries Ltd.

27 Oct 2016

103.17

-1.40%

Management Visit Note on Donear Industries Ltd

Mgmt Note: Donear Industries Ltd.

IDBI Capital

Donear Industries Ltd. (DIL), incorporated in 1977 and HQ in Mumbai, is primarily engaged in the manufacturing of Suitings, trousers and shirting fabrics with 3 plants in India, having world class processing unit, 50-60 designers, strong retail presence (180+ retail outlets across India under D'Cot brand) through dealers and exclusive outlets. DIL also supplies products to well-known domestic brands and exporting to over 50 countries. The company has created strong asset base over the years with decent capex by hurting its balance-sheet. However, it is now on the verge to see better operating leverage due to innovative product-mix, focus on retailing and e-commerce business, which would help to improve overall financials. The stock is a re-rating candidate as it...

Donear Industries Ltd. is trading below all available SMAs

Donear Industries Ltd.

08 Dec 2015

103.17

-1.40%

Donear Industries up 20% for second straight day

Business Standard

On December 7, Merrill Lynch Capital Markets sold 1.45 million shares of Donear Industries at Rs 19.63 on the NSE

Donear Industries Ltd. has lost -23.10% in the last 3 Months

Is Donear Industries Ltd. worth buying?

45 Votes:

Buy 86.67%

Sell 2.22%

Hold 11.11%

44.23% Fall from 52W High

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