Tuesday, October 20, 2015
Jindal Polyster : Stock update:
Jindal polyester was recommended on 24-10-2014 at Rs 296 stock has created new high of Rs 564 today in almost one year though i had given target of Rs 400 in one year it has beaten my estimate.
Long term investor should continue to hold since it has now entered in an uncharted zone.
Results for q-1-2015 are mind boggling given EPS of Rs 25 for the quarter. watch Q-2 results if results are similar to q-1 performance stock can touch 4 figures............Keep an eye on results.
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