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
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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
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