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  Lanco Industrie   (Stocks)  
Multi Bagger
LANCO industries, a joint venture of lanco group and electro steel castings come out with its ever best quarterly numbers.it is a company with good track record on profitability and a consistent dividend payer.even in fy09economic meltdown, when many peer companies were bleeding,lanco managed to keep its head above rough waters, and comes out with a profit of 18 crore and a 10%dividend. during fy10 first half ,copany already clocked profit of 25 crore. at an expected full year eps of 15, company is available at less than 3 times pe,which will be rerated by the market soon.even at a conservative pe of 5 ,the company can move towards 75-80 in 3 to 6 months.   
Posted By     SAJIMON-PALAI

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