Monday, 28 September 2015

PERFORM OIF WATER BASE

THIS IS TO INFOM YOU THAT. During the last 5 years fro 2010-11 to 2014-15 WB is showing a growth of 592% as far as sales turn over is concerned.On merger of PINNAE there is a likely hood tripling their turn over.Therefore it is certain the growth consistency will be maintained.The only drawback I am seeing the equity capital of WB which is near about 41 cr(post merger) where as the equity capital of AF is only 9.08 cr.This is the great advantage of AF to maintain higher EPS and low PE.Comparing the cmps of these stocks the upper hand of AF can be discouted.

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