I have recommended BUY on WPIL twice around Rs.190/- , which is now trading @ Rs.317/- .Today ,company declared very good results for the full year ended March 2012 ,where sales improved from Rs.219 Cr to Rs.361 Cr and net profit improved from Rs.16 Cr to Rs.23 Cr . EPS is Rs.29/- and a dividend @ 20% also declared. Full effect of company's big ticket acquisitions will be visible from this FY onwards .Requesting to HOLD for further gains.
Monday, 25 June 2012
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