INTRDAY ALERT : BUY Sutlej Textiles & Industries Ltd 532782 CMP 165 TARGET 170/175++
Sutlej will report best ever results in current year as its fabric divison has stopped making losses and yarn division is reporting huge profits. Networth as on 31.03.2010 is Rs 145 cr and current market cap is also 175cr. Market cap is just 13.50% of Fy11E sales At curent levels, Sutlej is gross underpriced. Birla group company available at such tempting valuations. Scrip can go to 215/ in less than 2 months, can be 250/ in 6 months and Rs 350/ in 15 - 18 months.
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Monday, July 12, 2010
JUST see our RSWM LTD already 136...NOW BUY Sutlej Textiles & Industries Ltd 532782 CMP 165 BUY 500-1000 shares for 170/175 +++
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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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