Dear Investors,
Our recommended GRINDWELL NORTON has now moved from 175 to 195 levels a new 52 week HIGH..our target was 200+ in few days...now read the full report
" This company is indulged in bonded abrasives, coarted abrasives and super abrasives manufacturing. The company is sister concern of St. Gobin group with 51 % equity. During the Q3 ended in December company had posted good results as its sales increased to Rs. 151.85 crore with 30 % rise, its operating margin is also increased to 16.5 % with 360 basis and its net profit jumped up to Rs. 17.44 core with 52 % rise.
At present price this scrip may post EPS of 13.9 during the FY 2010 and may post projected EPS of 10.9 during the FY 2011. Investors should buy this share at every dip. "
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Friday, April 16, 2010
We told you to GRABB it....JUST SEE GRINDWELL NORTON 175 to 195 now....will cross 200+ in few days !!
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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.
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