| Author |
Contents |
Analyst
Anonymous User
|
 |
Posted on 5/1/2008 2:33:35 AM |
BUY GRASIM AT CURRENT LEVEL
Dear All,
It is seems that worst is over for the markets , but inflation concern remains
The stock which i recommend is Grasim industries. The Company has posted excellent profits for FY07-08. The EPS increased to Rs 289 from 214 for the previous year. The dividend payout has increased from 275 to 300% indicating that management is seeing continued high profits in the future.The managment has planned capex of 2000 crores
Further, the CMP of 2402 translates into p/E ratio 0f 8.6 , which is looking very attractive , ONE MUST BUY WITH PRICE TARGET OF 3,330 WITH 1 YEAR TIME HORIZON
Other comforting factors
ACC, Ultratch cement are quoting at 9 - 9.5 PE ratio indicating that grasim is available at cheap price.
Apart from Cement sector, it is also IN THE business of suiting and the growth across all the sectors is remarkable. |
|
Sheetal
Anonymous User
|
|
Posted on 5/7/2008 12:16:04 PM |
Re: BUY GRASIM AT CURRENT LEVEL
The stock is trading at near by 52 week low ? I am planning to invest around 50K in Grasim? Can anybody help me with 6 month target |
|
Shah
Registered User
Member Since: 9/6/2005
Messages Posted: 59 |
|
Posted on 5/8/2008 9:56:23 AM |
Re: BUY GRASIM AT CURRENT LEVEL
Buy with a target of 2700 in short term. |
|
Jain
Registered User
Member Since: 9/6/2005
Messages Posted: 59 |
|
Posted on 5/8/2008 9:57:56 AM |
Re: BUY GRASIM AT CURRENT LEVEL
Looks very cheap now, it will cross 4000 mark in 12 month perspective. |
|
Jain
Registered User
Member Since: 9/6/2005
Messages Posted: 59 |
|
Posted on 5/8/2008 10:02:10 AM |
Re: BUY GRASIM AT CURRENT LEVEL
Grasim... buy tomorrow & sell @ 2750 in a months
Don't looks at stock price , looks wat u will geting value for your money. |
|
Namrata
Anonymous User
|
|
Posted on 6/3/2008 12:57:16 PM |
Re: BUY GRASIM AT CURRENT LEVEL
Is this the right time to buy grasim . the CMP is 2100 levels |
|
