Friday, July 29, 2011

Southern Petrochemical Industires LTD

Hey! Today we are going to talk about a company which has made a turn around from a loss making company to a profit making one.We see rise in sales... and net profit consists more of income from operations... also noted that there has been a drop in other income but since the company has made profit this year we see a positive EPS as well.

SPIC is a leading name in the field of Fertilizers for more than three decades in India.
ADVISE TO BUY AT CMP 33.45--35.00 AND TARGET 40.00 WITHIN 3 MONTHS.
ANALYSTS  HAVE A TARGET FOR 44.00  AS A LONG TERM PROSPECTIVE.



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