Arvind remedies

Stock Opportunities
1

Hi All,

I am a new member on this forum. I have been keeping an eye on this section of the forum to see if there is any thread on Arvind Remedies. However, I found there is none. So, I thought I will provide some data and ask opinions from more experienced boarders.

Here are some of the points:

1). 10 year sales CAGR 17%, net profit cagr 30%
2). 5 year sales CAGR 28%, net profit cagr 51%
3). Sales is increasing , npm is increasing
4). Margins are slowly expanding
5). New fact0ries are going to be on stream soon
6). Has high debt
7). Tax rate is anout 33%
8). Company plans to file few ANDAs going forward
9). Not much information is available on promoters

I am interested to know if anyone has any information about this company. Is it a company worth looking into or does anyone see any red flag ?

2

Hi Arnab,

There is already a thread on Arvind Remedies started earlier;PFB the link:-

http://www.valuepickr.com/forum/techno-funda-picks/835143014#535045842

In my view technically one is safe in Arvind as long as Rs 55 holds .

3

_Arvind Remedies has filed for patenting a new drug for treating chikungunya, chicken pox, and combating the herpes viruses such as Varivella Zoster Virus, and Human Herpes.
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