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Friday, October 24, 2014

Kanoria Chemicals : Buy at CMP of 46 one year Target price 75 : New update : hold fresh buys



Good consistent dividend paying company from Kanoria group manufacturing  chemicals.With softening in crude prices net profit margin will improve already reflected in Q1 results expecting EPS for FY14-15 AT around 10 that should take stock to 75 with conservative PE of 7.5

14-11-2014 : Disappointing Q-2 results please hold further or fresh  investment
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1 comment:

  1. UnknownJuly 17, 2017 at 12:00 AM

    hi
    started sip based investment fromthis months for LT,cmp 93 pl review for LT

    ReplyDelete

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