ROCKET STOCK.... INDIA CEMENTS Ltd. AT 113/-; TARGET 175/- & 235/-
INDIA CEMENTS Ltd. Trading in BSE (Code: 530005) & NSE (Code: INDIACEM) and F&O at 113/-in A Group. Target 175/- & 235/- for short term and Medium Term. Safe Investment at 113/ current market situation Because Company Stock Value is very good at 113/- Good Dividend Giving Company; Every Year 20% Dividend giving and EPS 25/- Company having Good reserves; Book Value at 115/- and Good Land Bank; Company EPS for 2008-09 was 16/- and Estimated EPS for 2009-10 is 25/-.
Very Valuable stock at current Market Situation; Safe Stock to Buy at current Market Situation. Because Its very Valuable at present rate at 113/- ; Risk is very very less at current rate at 113/-. So use this correction and happily Buy at current price at 113/- and sell at 145/- to 175/- for short term. Good Book value at 115/- Strong Fundamentals. Good Land Bank. Stock is trading Equals to Book Value and Good Reserves. And Trading at PE 4 as per this year EPS. Industry PE is 10; if we take PE 10 it will go 250/- within 6 months time. 1 to 3 months time its will reach 175/-.
Possitive Points for this stock for Up moving:
1) Company doing very good; EPS 25/- Expecting for 2009-10;.
2) Mumbai Bulls and Operators are accumulating at current price. Because Company Strong Fundamentals. And available at very cheep price.
3) Company having Good Land Bank in Tamilanadu and Aandhrapradesh and Company having Good Reserves; Book Value at 115/-.
4) Good Dividend paying Company; Every year 20%.
5) Company given very good results EPS 16/- PE only 6 for year 2008-09;
6) Company Projected EPS for 2009-2010 is 25/-as per this PE just 4
7) Lot of expansion plans in Coming soon.
8) Very good future for this company
Enter current price at 113/- Short term Target 175/- & 235/-Medium Term; Strong Fundamentals. Good Valuable Stock.
Happy Investing...
BIGBULLS
MUMBAI
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