Why to Buy the Stock of Freshtrop Fruit only before June Quarter Results?
If you check their website (freshtrop.in) it's written that mangoes are available for export only during months from March to June, which means this is the time they export mangoes and other fruits in most quantity. This is also evidence from the company's balance sheet when every year the sales and EPS (earnings per share) or net profit looks much better for the March and June quarter but during June quarter they generate maximum sales and maximum profit.
Company's June quarter results are out at a time around last week of July. So you should buy this stock one or two months before the results (depending on the trend of Nifty or Sensex so that you can get at the cheapest price) and once results are out, more people will buy, and at that time you can sell and get out of the market. If you do proper research there are lots of such Indian companies whose performance is seasonal in nature and you can take advantage of that to make some money in a short period of time instead of investing for long term.
Just check the data of Freshtrop Fruits under quarterly results on screener.in and you will find that during June quarter the company makes maximum profit and sales.
Disclaimer: Investing in stocks is risky and do it at your own risk. Results are not guaranteed and the article is only for information purpose.
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Written by: Rajesh Bihani ( Find me on Google+ )