Eventhough there was a decline in the net profit of 57.16 % in the last quarter ,this quarter and the coming quarter will make up for this loss due to the general up trend in the oil industry. Raj oil Mills is expected to close this financial year with an estimated eps of Rs.5 which means that this share is available at a P/E of almost 7.5. Hence investment is adviced in share in big lots.
Friday, 21 January 2011
Shareinvestment-tips ----> Raj Oil Mills Ltd
Raj oil mills , a company wth a background of over 60 years in the edible oil industry with reputed brands like Cocoraj and Raj came out with an IPO at an offer price of Rs 120/ share in 2008 . Due to the little investors interest , this share is now available at a price of Rs 38/share with a very little downward risk.
Eventhough there was a decline in the net profit of 57.16 % in the last quarter ,this quarter and the coming quarter will make up for this loss due to the general up trend in the oil industry. Raj oil Mills is expected to close this financial year with an estimated eps of Rs.5 which means that this share is available at a P/E of almost 7.5. Hence investment is adviced in share in big lots.
Eventhough there was a decline in the net profit of 57.16 % in the last quarter ,this quarter and the coming quarter will make up for this loss due to the general up trend in the oil industry. Raj oil Mills is expected to close this financial year with an estimated eps of Rs.5 which means that this share is available at a P/E of almost 7.5. Hence investment is adviced in share in big lots.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment