Lanco has posted one of the best results. The NP has increased to 15.2 crores from 3.2 crores- a 4.5 times jump. the EPS for the half year is 6.31 against 2.34 for the corressponding period last year and a full year EPS of 4.62 for 2008/09. You can expect a EPS of close to 14 for the year 2009 -10 and a PE of 7 or 8 should take the stock to triple digits in the coming months.
Stay invested and if possible buy at current level.
| NIFTY 
