It had good fundamentals. But he management bungling leading to raids brought it down. The management was silent about its positin for a long time and that it why it has crashed. Management should keep innvestors properly informed about the postion and should ensure that such deals are not done in future. Its dividend policy will have to be liberal to win over investors
well recomendation to buy is purely based on fundamentals.
EPS of 15+
Expected increase in bottomline and topline due to introduction of new product the latest addition of mint products are adding good value.
Funds / Insiders are accumulating in huge quantities
Expected for FY 09-10
Revenue of 700 Crore
EPS 20+
Though the management does not focus on divident the growth has been enormous, slowly marteks will recon this hidden gem.
Chance to buy and gain
Buy Buy Buy
Retail investors should invest into this as its defensive and has good margin of safety.
Thank you very much for your detailed message.
I am also of the view that price will shoot up but I doubt it will touch 120 in one years time. My assessment is of 50 to 60. Any way let us see. I will hold it as per your advice.
I would like to hear from you about this script from time to time.
| NIFTY 
