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Monday, November 23, 2009

SEL Manufacturing (Rs. 72.50) : Pick of the WEEK !

Company has equity of just Rs.19.06crore while it has huge reserve of around Rs.366.66crore. Company has shown mind blowing result in September Quarter.

Net sales zoomed 138% to Rs.263.54crore from Rs.110.63crore while net profit zoomed 125% to Rs.20.18crore from Rs.8.94crore. Company has shown EPS of Rs.19.23 in first six month of this year. Current level stock is trading at a P/E ratio of just 2. It’s all time high rate is Rs.735.

Investors can buy with nearest support of Rs.70 & stop loss of Rs.65. On the upper side above Rs.75, stock will go up to Rs.84, 90, 110 levels in coming days...Already recommended to SOKHI PAID Members few days ago..

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All the advises,calls,tips and predictions are neither an offer nor a solicitation to purchase or sell securities.The information and views given by writer is believed to be reliable but no responsibility (liability) is accepted for error of facts and opinion.Writer may be trading in or having positions in stock markets.