What are the future prospects of Vikas WSP. What higher levels one can see from here
About: Company: Vikas WSP Ltd.
Based on the very low volumes traded but the huge demand supply gap evident on BSE, I personally feel the scrip could go beyond 60 mark provided SEBI/BSE etc do not crop in again to stop the rise. The FY06 eps is above Rs 5 which and the low P/E multiple of 7 suggest to hold the scrip for some time. Also the promoter have tried to increased their stake through off market buying in last few years anticipating good gains once the scrip is listed.