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  Assam Company   (Stocks)  
assamco - uppercircuit raised to 20%
Hi,

Please donot fool other investor.This quarter results are very good and in line with expectation. Tea profit as compared to previous year increase by approx 30%. Only diff as compared to previous year is that in the previous year quarter company sold 13 cr of oil & gas whereas in this quarter they had sold only 3 cr as a reult net profit look similar to previous year.

By Jan/Mar 10 they are expecting gas plant will start and production will be approx 3500 - 4000 BOE. Once gas plant start operation, market will start discounting future revenue.I advise invester to be patient atleast till June 10. Happy investing
  
Posted By     tejbir1973

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