Alufluoride, which like its industry peers was struggling with weak pricing environment for the last few years, has witnessed a good traction in its earnings. Its healthy balance sheet, along with a niche production process positively positions it for an investment assessment.
A C Choksi is bullish on Southern Petrochemical Industries Corporation (SPIC) and has recommended buy rating on the stock with a target of Rs 44 in its July 16, 2011 research report.
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