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Risa International

Posted on: October 10th, 2016 at 11:03 am

Company is into Indian Textile, Apparel and Iron & Steel Scrap.


India is the second largest producer of textiles and garments in the world. The Indian textiles and apparel industry is expected to grow very fast in next few years. This industry accounts for large amount to the world’s spindle capacity. Abundant availability of raw materials such as cotton, wool, silk and jute as well

as skilled workforce have made the country a sourcing hub.

The textiles industry has made a major contribution to the national economy in terms of direct and indirect employment generation and net foreign exchange earnings. The sector contributes large amount to the country’s foreign exchange inflows. It provides direct employment to over 45 million people. The textiles sector is the second largest provider of employment after agriculture. Thus, growth and all round development of this industry has a direct bearing on the improvement of the India’s economy.

Currently trading at 1.51, having book value of 2.26 and P/E of 50.33.

Company has almost 0 debt and has been posting small profits every quarter. It does look like a good long term bet.

The Indian textiles industry is set for strong growth, buoyed by strong domestic consumption as well as export demand.

The most significant change in the Indian textiles industry has been the advent of man-made fibers (MMF). India has successfully placed its innovative range of MMF textiles in almost all the countries across the globe.

The textiles sector has witnessed a spurt in investment during the last five years. The industry (including dyed and printed) attracted foreign direct investors.


Iron & Steel Scrap is one of the essential requirements for manufacture of steel in mini-steel industry. It is also consumed by some major steel plants. Scrap–especially that from the ship breaking industry supplies substantial quantity of re-rollable steel and steel scrap for the iron & steel industry. Iron scrap is available in the country in the form of pressed bundles, a mixture of used steel components (called as a commercial scrap), turnings and borings and heavy melting scrap. These are generated by industries of all sectors like automobiles, railways and engineering workshops. The collection and processing of scrap in an organised manner is undertaken by a few units in the country. In the local market, scrap is supplied by dealers who in turn arrange to have scrap collected manually or through sub-dealers. The consumption of scrap is mainly reported by Induction Furnace and Electric Arc Furnace units, integrated steel plants and alloy steel & foundry industries. Scraps are used in the steel sector after recycling. Recycling scrap helps in conservation of energy as re-melting of scrap requires much less energy than production of iron or steel from iron ore. Also, the consumption of iron and scrap by re-melting reduces the burden on land fill disposal facilities and prevents the accumulation of abandoned steel products in the environment. It increases the availability of semi-finished material which otherwise would have to be produced using the ore. Thus, it helps in conservation of natural resources.

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27 Responses

Comment pages: 12Show all

  1. Harshal Says:
    October 12th, 2016
    Posted at: 7:54 pm

    Hi Sir, how long it can take to double/triple? How many years approximately?

  2. CB Says:
    October 13th, 2016
    Posted at: 7:20 am

    Hi Harshal, It can take either 2-3 months or a period of 9-12 months to form it. there is no period set as such

  3. RK Says:
    October 15th, 2016
    Posted at: 5:18 pm

    Sir, you gave the call at 1.5. CMP is 1.8, at what levels shall I buy it?

  4. Madhu Says:
    October 16th, 2016
    Posted at: 1:06 pm

    Good Morning CB

    Now the price is 1.8 , Could you please advise if i should enter at these levels ?

  5. Harshal Says:
    October 16th, 2016
    Posted at: 9:11 pm

    Hi CB Sir, please suggest if we can still enter Risa international for 6-8 months at current levels tomorrow? Please suggest the entry price. I was planning to enter at 1.5-1.55 but it zoomed for past 2-3 days and missed it.

  6. CB Says:
    October 17th, 2016
    Posted at: 7:24 am

    Hi RK, best to wait for a dip. can add near 1.65-1.7

    Hi Harshal, best to wait for a dip. can add near 1.65-1.7

    Hi Madhu, Good morning. best to wait for a dip. can add near 1.65-1.7

  7. Rahul Says:
    October 17th, 2016
    Posted at: 8:32 pm

    Thank you .. Can u look at another penny stock Alps Industries

  8. arun bj Says:
    October 19th, 2016
    Posted at: 12:46 pm

    hi CB good afternoon..what's the NSE or BSE code of this stock ?

  9. sheeja Says:
    October 24th, 2016
    Posted at: 10:38 am

    Hi CB intraday target for Zee media and Electrosteel casting pls..

    What abt buying Sakuma Exports and JM finance for short/long term pls advice

  10. Harshal Says:
    December 29th, 2016
    Posted at: 11:33 pm

    Hi CB Sir, can I still enter Risa International at cmp around 1.77 or shall wait for a dip? Please suggest.

  11. Raju Says:
    January 11th, 2017
    Posted at: 11:26 am

    Sir can i by risa inter.? Plz tell me

  12. CB Says:
    January 11th, 2017
    Posted at: 11:36 am

    Hi Raju, yes, can add few here

    Hi Harshal, yes, can add few here

    Hi arun bj, bse code is: 530251

    Hi Rahul, alps looks good too. can test 14 in long term.

  13. PAULRAJ Says:
    February 16th, 2017
    Posted at: 11:34 am

    Can i buy risa @1.51 long term.... Or can I wait?

  14. ash Says:
    March 8th, 2017
    Posted at: 3:52 pm

    Hello CB..
    Holding Risa international @1.52 avg/// How long before it reaches 1.80 + ??

  15. bjprasath Says:
    March 11th, 2017
    Posted at: 3:29 am

    hi CB n karthik...is this right time to buy long term for risa international..cmp 1.10.... planning to invest 5 year time frame...or suggest good penny stock for 5 year time horizon

  16. Basil kv Says:
    May 22nd, 2017
    Posted at: 11:30 pm

    Only sellers..any update sir??

Comment pages:12Show all

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