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Moneycontrol.com >> Message Board >> View Messages >> Sesa Goa
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will sesa goa touch 5500 (8)   19-Jun-08 11:47Tracked by (2)  
Posted by:   rvbelgaumkar on ( 19-Jun-08 11:47 )
Price : BSE: Rs 3678.00 ( -0.55 % ), NSE: Rs. 3673.00 ( -0.68 % )
For sesa goa the excise export cess has been increased from Rs 300 to 15% Advolaram. However the Rupee has been increased from Rs 40 to Rs 43, nearly 7% increased. The EPS for Fy-09 will Rs 525.Under such circumstances will the stock move to Rs 5500.That is 10times of FY-09 earnings in near term. I hold 1700 Shares @ Rs4200. R.V.BELGAUMKAR - BELGAUM

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positive outlook
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