Autoline Industries Ltd (BUY) 118-123 (SL) 110 (Targets) 128 / 135+++
For FY11, AIL is likely to post an EPS Rs.26, which would further go up to Rs.33 in FY12. At the CMP of Rs.123, the AIL share is trading at a P/E multiple of 4.7 on FY11 estimated earnings and 3.7 times its FY12 projected earnings. The share is recommended with a target price of Rs.175 in the medium-term. The 52-week high/low of the share has been Rs.280/106.
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Monday, March 14, 2011
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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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