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Why is this increasing in such a subdued market?Comment
2.42 PM Jun 17th 2009  | Track
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New Member
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Why is this increasing in such a subdued market?Comment
2.42 PM Jun 17th 2009
Platinum Member
103 Followers
The company is sitting on large stock of sugar, which should add to the bottomline.

I don`t expect wonders from the cement business, as the concerns of over capacity remain.

Another positive might be, if the company made good profit with its treasury operations in the recent market rise, but it will be visible only in the quarter result.
3.07 AM Jun 21st 2009
Platinum Member
103 Followers
One more thing is company wants to raise capital, so they would like to maintain the price. If it falls below 130, I will enter again.
12.36 AM Jun 23rd 2009
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