Maithan Alloys (Rs.196) results are encouraging. Investors can continue to hold the stock. Although the results of Indian Metal Ferro Alloy (IMFA) were below expectations as its power plant was not fully operative in Q4FY10. But its working from the current quarter is likely to see a good jump in profit in view of ferro chrome prices ruling high at Rs.72,000 per tonne. BUY for 50% returns in 4 - 7 months time...
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