Results season – Hits and Misses

Quarterly results are good to introspect the stock ideas we are invested into. We review the performances to stay with winners and switch out of stocks where the companies are not performing as per expectations. It is heartening to notice good performances by most of the companies we are invested into.

Gujarat Reclaim: – The company has posted fantastic Q2 results with an EPS of Rs.58.12 in the quarter. The stock seems to have also given a positive technical breakout on the upside and should create new highs:

Particulars Sept 11 Sept 10 % Variation FY 2011
Sales 62.83 47.99 30.9% 185.04
PBIDT 14.25 9.26 26.18% 33.19
Tax 3.91 2.20 77.7% 8.14
PAT 7.75 5.23 48.2% 17.62
EPS 58.12 39.24 132.16

*All Financial figures are in crore rupees (except EPS).

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