Lloyd Electric is Dolly Khanna Latest Multibagger

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Ravi
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Joined: Tue Dec 27, 2016 3:49 pm
Location: Mumbai

Lloyd Electric is Dolly Khanna Latest Multibagger

Postby Ravi » Sun Jan 22, 2017 10:21 pm

Dolly Khanna has bought 446,316 shares in December 2016 quarter as per shareholding pattern of Lloyd Electric.

Incorporated in 1989, Lloyd Electric has evolved as a dependable supplier of high quality coils to original equipment manufacturers (OEMs) of heating, ventilation and air conditioning (HVAC) equipments. It provides end-to-end solutions in the HVAC industry, right from manufacturing the physical components and air conditioners (ACs) to selling to OEMs and to the end-customers. It entered into the CD segment in 2011 by purchasing the consumer product division and the Lloyd brand of Fedders Lloyd for a total consideration of Rs13.9 crore. With this acquisition, Lloyd Electric moved its focus from the business-to-business (B2B) segment to the business-to consumer (B2C) segment, which now contributes 47% to the stand-alone revenues.

Lloyd Electric enjoys a pan India presence with a strong network of over 7,000 dealers, 30 sales branches, 307 authorised service centres and 81 company-owned service centres.

Lloyd Electric has a manufacturing capacity of 6-lakh AC units with a market share of about 7.5% in the Indian AC market.

Consumer durables to drive future revenue growth:Driven by its aggressive marketing initiatives in the AC and TV segments, the CD business has grown by 3x over FY2012-15. In the last four years, the company has added new products like washing machines (WMs), refrigerators and other small appliances. Earlier, it was pushing its products mainly in the tier-II/III cities, but now it has also started focusing on the top 13 metro cities which form half of India’s CD market. Overall, this segment is expected to grow at a compounded annual growth rate (CAGR) of 30%+ over the next few years.

Stock is looking good for portfolio investment. :)
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valuepicker
Posts: 75
Joined: Mon Jan 09, 2017 8:44 am

Re: Lloyd Electric is Dolly Khanna Latest Multibagger

Postby valuepicker » Sat Aug 26, 2017 6:55 pm

Lloyd electric has corrected significantly. Is it a good buy at current levels?

Pee Vee
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Joined: Mon Dec 26, 2016 10:45 pm

Re: Lloyd Electric is Dolly Khanna Latest Multibagger

Postby Pee Vee » Sat Aug 26, 2017 10:42 pm

valuepicker wrote:Lloyd electric has corrected significantly. Is it a good buy at current levels?

Much water has flowed under the bridge since then. LEEL sold off its consumer business to Havell. Dolly Khanna has also sold off her holding in the Company since then.


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