Using your phone's internet browser
go to:  qna.rediff.com
Click and drag this link to
the Home icon in your browser.
Q.

The companys product caustic soda howring around 1700 Rs. per 50 kg pack why this companys share trading between 30-32 Rs. last four month? I guess FY08-09 EPS around 17-19Rs. should it go beyond 100 Rs?

About: Company: Aditya Birla Chemicals (India) Ltd.

Asked by sadashiv Tahasildar, 06 Mar '09 11:00 am
  Invite a friend  |  
  Save  |  
 Earn 10 points for answering
Answer this question  Earn 10 points for answering    
4000 characters remaining  
  
    
Keep me signed inNew User? Sign up

Answers (1)

1.

This industry traditionally commands a lower P.E. Next, combine that with lower sensex estimates and sentiments of the markets. 100 targets, could be reached by 2011-12, maybe. Best, would be to acquire more at declines and wait out so we can move out faster.
Answered by Ramesh Chordia, 06 Mar '09 11:43 am

 
  
Report abuse
Useful
 (0)
Not Useful
 (0)
Your vote on this answer has already been received

Ask a Question

Get answers from the community

600 characters remaining

Related Answer

Q.
A

Steel stocks have fallen drastically. JSW, Welspun guj, tata steel all have fallen from 600 levels to 165 now...more

Answered by SHIRISH SHIROOR