Considering the rally in other cement stocks, and also general stock market rally (Dalmia had major investments in stock market), I think stock stands a good chance of crossing 100.
Seems like no boarder is interested in this stock!!! The stock is currently already at ~ 120 levels and can increase further in my view.
The company did had significant earnings in the last boom from treasury operations. By the way, they switched smartly from M2M to actual transaction basis for their treasury ops to save their books in the crash.
Anyway, anybody has any idea on the current investments and if they are making profits again on it???
| NIFTY 
