Tuesday, January 28, 2014
Granules India recommended @ Rs.79 ( Click HERE for old posting ) hits its 52 week high today @ Rs.230. Company reported very good performance in latest December quarter . Sales improved from Rs.195 Cr to Rs.284 Cr and net profit shot up from Rs.5.8 Cr to Rs.21.8. Nine moth EPS is Rs.26 which is more than last full year EPS of Rs.16
Recommending to HOLD it for long term.