Another consistent dividend paying company in the leather garment industry available dirt cheap at Rs 75/-.Current book value of the share is approx Rs 126/ share and the expected earnings per share for the current year is expected to be around Rs 10/-.
Company is also planning to enter the retail sector by establishing retail shops all over India. Investment is advised in this company based on its real estate connection .Bharatiya International is holding 30% equity in a group company with 125acres of land in Bangalore and they are developing a town-ship on this land. If this real-estate investment start’s contributing to its income then the price of this share will be doubled in no time also there is chance that the group company will be coming out with an ipo to finance the Town-ship project
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