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Buy SEL Manufacturing Company

Posted on: January 3rd, 2010 at 6:04 pm

Buy SEL manufacturing company. Current market price: 84.25, Long term target: 168.50. Book value: 166.63. P/E ratio: 2.47

SEL manufacturing company are the manufacturers, exporters of all types of knitted garments. They have in house spinning, knitting, dyeing, Finishing and Garmenting to meet the demand of price conscious and quality conscious market. They do all types of knitted products. Their basic Products include T-shirts, Polo shirt, Sweat shirt, Boxer shorts, Girls top etc. They make 30-35 thousand garments daily.

R S Saluja Group was established in the year 1969 for manufacturing ready-made garments for Domestic Market. Over the year’s company grown to a Pioneer position in exports, supplying yarns, fabrics and garments to major markets in Russia and Middle East. At present Company have FOUR state of the art garmenting units, one knitting unit and complete state of the art processing house and 50000 spindles cotton yarn spinning.

Strong competencies in product development, manufacturing and marketing, are complimented by their most significant advantage in textiles that they make their own yarns and fabrics to meet quality and shipment time of Garments. Their group-wide initiatives to achieve manufacturing and supply chain excellence, close collaboration with their suppliers, and sales offices at the customer’s doorstep all guarantee fast and flexible solutions.

With decades of expertise and excellence of meeting the discerning needs of niche client’s world wide, SEL Manufacturing Company Ltd. has laid out ambitious plans of product capacity augmentation to continue its proud contributions in the world of premium quality cotton - yarn, fabrics and garments.

Some of their prominent markets are:
Taiwan
Peru
Tunisia
Morocco
Brazil
Turkey
Bangladesh
Russia
China
Singapore
Malasiya
Sri Lanka
Colombia
Spain
Egypt
Switzerland
Germany
Syria
Greece
Gautemala
Hongkong
U.K.
Indonesia
Portugal
Italy
USA
Phillipines
Israel
Korea
Vietnam
Lebanon
Mauritius
Dubai
Argentina

World Class Knitted Fabrics
SEL Manufacturing Company Ltd is investing in high-end fabric manufacture in knitted fabrics. The Company has 75 knitting machines including Terrot Autostriper knitting machines capable of knitting jersey and auto-stripe patterns.
The Company is augmenting its Knitting capacity to 350 tones a month by procuring latest machines to meet the future requirements of garment capacity in-house
To meet the challenges of ever growing demand for quality processed fabrics they are setting up a additional 6 tones / day dyeing capacity with mercerizing, open width with Stenter, capable to produce best quality knitted fabric for our growing in house consumption.

Garmenting:
State of the art Garment manufacturing facilities at 4 strategic locations makes SEL Manufacturing Company Ltd backed up by own spinning and knitting makes us Customer’s choice who looks for Large supplies and short lead time. At present they are producing 600,000 pcs per month.

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119 Responses

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Comment pages: « 1 … 2 3 4 5 6 7 8 Show All

  1. CB Says:
    March 9th, 2010 Posted at: 10:28 am Reply to this comment

    Hi AMIT SHAW, as of now hold it. dont avg yet. avg if it comes down to 77


  2. moanto Says:
    March 9th, 2010 Posted at: 10:37 am Reply to this comment

    Dear CB,

    Got 5100 PE and the price is not crossing 78. Should i continue to hold or square it off?

    Kartik, replies: Hi moanto, hold it with a SL at 5150 on Nifty

  3. pradeep Says:
    March 15th, 2010 Posted at: 5:37 pm Reply to this comment

    Dear CB,

    I hold Sel Man 500@103. Why did it fall so much all of a sudden.

    Kindly let me know.

    Kartik, replies: Hi pradeep, there was a bulk deal in it today

  4. rahul Says:
    March 15th, 2010 Posted at: 11:17 pm Reply to this comment

    it fell bcoz some company sold around 0.88 % shares in it

    Kartik, what should we do now ? buy, hold or Sell ???

    Kartik, replies: Hi rahul, hold it as of now, shares worth 3.74cr were also purchased today and the end of the trading session

  5. rahul Says:
    March 15th, 2010 Posted at: 11:18 pm Reply to this comment

    Kuvera Capital Partners LLP has sold 0.81% stake in SEL Manufacturing (Q,N,C,F)* for an aggregate amount of Rs 15 million. Kuvera Capital Partners LLP sold 0.20 million shares of SEL Manufacturing

    Kartik, replies: Hi rahul, hold it as of now, shares worth 3.74cr were also purchased today and the end of the trading session

  6. Ranjeet Singh Says:
    March 16th, 2010 Posted at: 12:36 pm Reply to this comment

    What is the fut of bharti ihave buy 1lot 296.25 kindly tell me CB


  7. Ranjeet Singh Says:
    March 16th, 2010 Posted at: 12:37 pm Reply to this comment

    Any friend Can tell me about bharti fut


  8. Sunny Says:
    March 16th, 2010 Posted at: 1:53 pm Reply to this comment

    Dear CB,

    I hold 500 SEL @ 84. Can I buy more at current price. If Yes how much?

    Thanks for all the information.


  9. G10 Says:
    March 16th, 2010 Posted at: 5:10 pm Reply to this comment

    Dear CB,
    I was holding 200 SELMCL @ 93 price. Today it closed near rs. 74.
    What will I do now? Shall i average it at cmp or hold it?


  10. kk Says:
    March 16th, 2010 Posted at: 6:14 pm Reply to this comment

    CB Sir,

    Morning, It reached high of 79 and drags till 68 and posted a high volume.
    It seems today also bulk deals continues. Is the bulk deals a good / bad sign for the share in a near future?


  11. vasudev Says:
    March 16th, 2010 Posted at: 7:19 pm Reply to this comment

    i bought lanco infra at 54.5 should i hold it buy again or sell


  12. AMIT SHAW Says:
    March 17th, 2010 Posted at: 4:06 pm Reply to this comment

    hi cb , i hv sel manufacturing 500 @ 86 , and today it’s touch to 66.50 , so why it is in downside, should i exit or average it , plz suggest


  13. vamsi Says:
    March 17th, 2010 Posted at: 6:33 pm Reply to this comment

    hi cb.. whats wrong with this stock??? why is it going down n down.. holding it at 96… i m in huge loss.. please help me..


  14. Phani Says:
    March 18th, 2010 Posted at: 2:21 am Reply to this comment

    Hi,

    I have invested 500 shares at 95 taking advise from NSE Guide… Even though the market has not corrected, the stock keeps going down and down.. Whats the inside news that we are not aware of? Is NSE Guide moderators have any information… ??????????

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