Refex Industries Limited -
right issue is coming so target 2 weak 89 and one month 108
CHANDRA PRABHU INTERNATIONAL LTD --
Hope the present rise in price of chandra prabhu goes continuously for few more days and stabilise at around Rs.32 to 37 which is the fair price as per book value alone. If one take in to consideration future potential of the company especially the new vertical business like agro food division, then hopefully the price should quote above Rs.75/-. The management`s confidence in their own company is very good and that`s why they are continuously increasing their share holding in the company which is around 65% is a very good news to investors. Also after long time they have announced 5% dividend which is a precursor to good things to come.
right issue is coming so target 2 weak 89 and one month 108
CHANDRA PRABHU INTERNATIONAL LTD --
Hope the present rise in price of chandra prabhu goes continuously for few more days and stabilise at around Rs.32 to 37 which is the fair price as per book value alone. If one take in to consideration future potential of the company especially the new vertical business like agro food division, then hopefully the price should quote above Rs.75/-. The management`s confidence in their own company is very good and that`s why they are continuously increasing their share holding in the company which is around 65% is a very good news to investors. Also after long time they have announced 5% dividend which is a precursor to good things to come.
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