I have recommended a BUY on Amrit Banaspati @ Rs.114 /- ,(Old Report HERE)which is currently trading @ Rs.183/-.Company posted good result in the December quarter.Sales improved from Rs.224 Cr to Rs.297 Cr and net profit from Rs.2.42 Cr to Rs.8.5 Cr. EPS for nine month is Rs.20/- v/s Rs.7/- .Investors can book profit partially (50%) and HOLD the balance.
Friday, 4 February 2011
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