This scrip is having a book value of Rs.55 per share, EPS of Rs.6 per share and PE of 5.25. There is a change of managementof the company. One of the directors in the new management is Mr. S.P.Talwar who is a director with several companies (Reliance Life Insurance , Reliance Infratel, Reliance General Insurance , reliance Communication,Reliance Communication Infrastructure etc.). Such a good team can bring a turnaround in the company. There is very little to loose from cuurent level.
| NIFTY 
