February 2018

KARUTURI GLOBAL MULTIBAGGER STOCK HEALTH
Karuturi Global which at one point of time was doing flourishing business, is now struggling to make it's P&L look green. The company has taken risks and ventured in Food and Agri sector which has not paid off, atleast as of now. The business has run into a lot of problems with African courts.
But all is not over yet for KGL, the company seems to be on a turnaround path with improving sales QoQ. There seems to be some hope in reviving it's African business, and with KGL entering the ready to eat food segment, it might be just an underdog waiting to be discovered.
Will KGL regain it's lost glory is something to wait and watch. Do check out the fundamentals of this company. Let us know your opinion if KGL can make a comeback, given its recent developments.

KM SUGAR MILLS: The company has posted decent results, however it is looking very strong on the charts and will see up-move in the coming weeks. One can add this to their portfolio for some long term gains. With the government keen to revive the sugar sector, most sugar companies are seeing good buying and with good fundamentals, KM Sugar should see a good move from this level. The stock is currently available for under Rs.10/- (as on March 8th, 2019)

Investment can be done, but not too much at this point (not to exceed 20K). The upcoming quarterly results in April end or May will be crucial to the price movement as this will also be the financial year end with updates to Balance sheet.