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Expect 25-30% return in Jayant Agro: Tulsian

Expect 25-30% return in Jayant Agro-Organics in 4-6 months, says SP Tulsian, sptulsian.com.

January 21, 2011 / 12:36 IST
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Expect 25-30% return in Jayant Agro-Organics in 4-6 months, says SP Tulsian, sptulsian.com.

Tulsian told CNBC-TV18, "Jayant Agro is the largest or the widest range of making these castor oil derivatives and its products. It is an oleo chemical company and they are the largest in the world. If you see, the performance of the company, for FY11, they are likely to have a topline of about maybe close to Rs 1,200 crore with an EPS of maybe over 20. But if I take a conservative EPS, if I take that at about 19-20, also it is ruling at a P/E multiple of 5.5 and recently some of the joint ventures also have started contributing to the company
first published: Jan 21, 2011 09:50 am

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