Saturday, February 16, 2008

Short-Med Term Delivery Pick: Indo Borax and Chemicals

Indo Borax and Chemicals (BSE: 524342)
CMP : Rs. 90.40/-
52 Week High : Rs. 221.05/-
52 Week Low : Rs. 40.55/-
Face Value : Rs. 10/-
EPS : Rs. 20.10/-
P.E.: 4.49
BV : 48.20
200 Days Simpal Moving Average : Rs. 149/-
150 Days Simpal Moving Average : Rs. 152/-
50 Days Simpal Moving Average : Rs. 135/-
30 Days Simpal Moving Average : Rs. 121/-
Dec. Quarter Profit (Dec 07): Rs. 19.30 Million (Profit rises 43 % QOQ)
Year Profit (March 07): Rs. 47.80 Million (Profit rises 86% YOY)
Company Continuesly doing well and great future ahead.
Recommandation: Accumulate (Buy at current Level and at decline) Target : Rs. 140-165/- (Short - Med term) Rs. 200/- (Long Term) SL 75/-
(Before investing do your own research)

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