Mangalm Cement is a good buy with a Book Value of Rs, 108 at at CM of Rs. 116 it has a PE of 2.5 against an industry average of 9.Co has a negliable Debt of Rs. 6 Cr against the Equity Base of Rs. 300 Crs. Q2 Numbers had growth over the last year as well as the Q1. So in such cases if the sector itself seems to show signs of growth relative to the area of operation one can have an outlook of Rs. 151 as target over next 2 months.
This is a good analysis. As these are mid-cap shares you need to keep your cool and wait for its valuation. Excellent low priced stock with very little risk of going downside.
| NIFTY 
