Yes,today is the time to buy the share now at 1155 and below as today is the last date for Rs 40 dividend giving almost 3.5% dividend yield.Results were good and will continue to be ok.Bonus etc is uncertain but at these rates one could also get 10-20% capital appreciation in the short/medium term.
P.S. I entered today at 1152.
i too agree with you. its a safe cash rich company. good for investment even in current bad markets. but it doesn`t move anywhere. it just hangs on in one place. its a bargain buy now as it is at 1070, ex-div price should have been 1110. 40 rupees discount can be got now if one buys at 1070 level.
Yes it is soft and now at 1038,I had exited cum dividend expecting the stock to come to 1110 levels,however now waiting to re-enter below 1000 if it gets there.
Yes stock is over 10% up and I feel should go gradually upto 1300 levels.Stock is a laggard though and will go up like a tortise in its own time after haveing a few good naps on the way!
| NIFTY 
