Bang overseas ltd @34

Welcome back guys !!

Now i am going to share few more stock those can give more handsome returns within 6 months of short span , do not be surprised if you make expected at least 100% returns before 6 months .

so here is the list of few more stock  below :-


1) BANG OVERSEAS LTD. (BANG) -

 COMPANY HISTORY:- 

The company was incorporated in the year 1992 as Bang Overseas Private Limited and converted as Public Limited Company on February 4, 2005. The company has presently providing fashion fabrics and meeting ready to wear requirements of the customers in apparel, textile and retail segment. The company has started business from trading in textile and since 1998; the company has conceptualising and designing fashion fabrics and outsourcing the manufacturing process of the same from countries like Turkey, Portugal, Mauritius and other European Countries. In the same year, the company has launched the seasonal fabric collections in textile under the name 'Bodywaves', marketed through the own distribution channel to different brands and retailers. The company has ventured into ready-to-wear men's' segment in 2000 by outsourcing manufacturing process with the experience in designing fabrics and in turn selling to various international brands. The company has launched ready-to-wear men's' garments under our brand name 'Thomas Scott' in 2002. The company has started its own first apparels manufacturing unit in Bangalore in the year 2005 in the name of Reunion Clothing Company with an installed capacity of 350,000 pieces per annum and in the year 2006 the company has started its second manufacturing unit in the name of Formal Clothing Company with an installed capacity of 360,000 pieces per annum. At present company have installed capacity of 720,000 and 540,000 pieces per annum at Reunion Clothing Company and Formal Clothing Company. The company products are presently retailed through 157 point of sales comprises of own Retail outlets, Large format stores (LFS) like Shoppers' Stop, Pyramid, Globus, the LOOT, SAGA and Multi Brand Outlets (MBO) spread all over India. The company has also catered to the demand of various other apparel manufacturer and brands.The company has having centralised warehousing and logistic centre at Kalher Village near Bhiwandi to facilitate supply chain management of our business.

Targets :- 

As on 13th Jan 2017 BANG Share Price closed @ 34.55 and we RECOMMEND Strong Buy for LONG-TERM with Stoploss of 21.09 & Buy for SHORT-TERM with Stoploss of 29.50 we also expect STOCK to react on Following IMPORTANT LEVELS.

BANG Target for January
1st Target up-side	40.04
2nd Target up-side	45
3rd Target up-side	49.97
1st Target down-side	25.87
2nd Target down-side	20.9
3rd Target down-side	15.93

Why to purchase :- 

1) Stock is trading at 0.74 times its book value.

 2) Company is expected to give good quarter.

3)Promotors holding is 72%

4)QoQ Profits: 93.28%

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