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Q.

Jindal stainless Q2 profit goes down , can it is profitable for me to buy this shares or not or i wait for some time more

About: Company: Jindal Stainless Ltd.

Tags: time, shares, jindal stainless q2 profit
Asked by kashyap, 17 Dec '07 01:47 pm
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Answers (3)

1.

HIND ALUMINIUM INDUSTRIES LTD

Share Capital : Just Five Crores

Book Value : 50

Promoters Contribution : 62 %

WIRE ROD

Companys unit namely Hind Aluminium, which is situated at
Silvassa produceucing Wire Rods

MINING BUSINESS

Company began its mining activity in Village; Mahadevia of
Jamnagar district (Gujarat) and the first shipment of
21,940 tonnes `Bauxite Ore was shipped to its costumer in China in 2006-06

WIND TURBINE GENERATION

Company has setup a Wind Turbine Generator Project in Nandurbar
district (Maharashtra) with an annual installed capacity of 1250 Kilo
Watts (KW). This project has started its operation at the end of the
year 2005-2006.


ISO 9002

The Wire Rod division of the Company is ISO 9002 certified, the Company
is committed to maintaining & improving quality.


At Rs 87/- it is dirt cheap


Answered by satishbh, 17 Dec '07 01:57 pm

 
  
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2.

It is the good time to buy the share at Rs.220-225. The company's profit went down due to the price of nicckel was down side. It may impact in the current Q3 also, but overall the future of the company is very bright. It may be invested for long term.
Answered by Sanjay Jain, 24 Dec '07 03:24 pm

 
  
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3.

the price may go up for just being a good group co.
Answered by R, 17 Dec '07 01:51 pm

 
  
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