Results for 2007-08. Dividend 300% (Rs. 6/- per share). Net Profit After Tax: Rs. 314.84 crores from Rs 140.48 crores in 06-07.(Up by 124%). Net Sales: Rs.925.34 crores (Up by 62.3%). Quarter NP increased from 43.71 crores to 129.41 crores.yearly Diluted EPS is Rs 41.44 from 20.96 in 06-07.Ferro Alloys and Power have contributed handsomely to the Profits increase.Ferro Alloys contributed 186.61 crores towards Gross Profits in FY 07-08 in comparison to 4.01 crores during FY 06-07.Power contributed 211.25 crores in FY 07-08 in comparison to 137.41 crores during 06-07.The quarterly figures are more impressive.Ferro Alloys contributed 91.51 crores towards Gross Profits in FY 07-08 in comparison to 7.05 crores during FY 06-07.Power contributed 64.36 crores in FY 07-08 in comparison to 38.46 crores during 06-07.BONUS or NO BONUS the value is being enriched.The profits in Next year 08-09 may touch 400 cores.EPS may be around 50+.Since the stock is trading at around just below 10 P/E.The further higher movement is depending upon unlocking of Value.Which can be possible after the Declaration of BONUS or DEMERGER.The long term and medium term Investors have a very bright stock in their Hands.Not to be left now onwards.
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