Hey Supratik,
I have a couple of questions for you. Could you please shed some light on the future of Havells and KPIT.
Also share if you have some updates on the Sugar industry. I think most of them have got down to very low prices. Any particular preferences?
Thanks,
Partha
Read the document "KPIT Cummins continues the growth momentum" at:
http://www.nseindia.com/content/corporate/KPITCUm_PR_17072007.zip
That will give you a very good idea about the financial health and future course of action.
For KPIT Cummins PAT of QoQ is -9.76%, whereas the PAT for YoY is 22.59%.
The dilute EPS was 1.13 during Q1 of 2007. Whereas for Q1 of 2008 it is at 1.61.
It has added 7 new customers this year.
You must remember that, this year the dollar has depreciated and that has hit all the companies depending on USA for their business.
And if the dollar depreciates further, then we are going to see more downside. But, that is less likely to happen, since RBI will intervene and bring back the dollar to 40-41 levels.
So, looking at all this, I think, we can wait for some more time, before deciding.