Rain Commodities Limited has informed the Exchange that the auditors have conducted the limited review for the un-audited financial results for the quarter ended June 30,2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).
Circuits not to stop before Rs 400. They have delivered EPS of 17 this quarter. So by end of year they will have EPS of 60 and if you give PE of 10. This share should trade around Rs 600
Excellent Results..Too gud. I don`t know many midcaps who have turnover of 1000 cr quarterly. This share is most undervalue stock in market. Right now it is trading at PE of 3 if you compare this quarter and previous quarters.
Today also it spurted 5% up. today I booked some profits. May be I should have held for a little more while. What do you think the current bout of upside would be?
With way it was spurting up little bit of correction was expected. Since the Market is likely to be bullish at least till the weekend I think it will trace back sooner than later.
With way it was spurting up little bit of correction was expected. Since the Market is likely to be bullish at least till the weekend I think it will trace back sooner than later.
With way it was spurting up little bit of correction was expected. Since the Market is likely to be bullish at least till the weekend I think it will trace back sooner than later.
EPS for the qtr ending June 09 is 6.26 and not Rs17/- so by year end even with improved performance the EPS WILL NOT GO BEYOND Rs30/- & being a midcap cement co it attracts a PE of max 5 so the price now is right for selling.
Hello Rasmeeta,
where are the consolidated numbers available from ? where you have gathered the Jun09 Qtrly EPS to be Rs17/-, Please inform for benefit of fellow Boarders, Otherwise we will have our doubts as to who is misleading.
Thanks, I checked and found it is indeed Rs17/- on consolidated basis but there really must be some catch somewhere because the market seems to think otherwise and the share is losing substantially on a daily basis, even today it is down to 175, please explain.
| NIFTY 
