i entered in this counter at 350 levels,due to carbon credit story and its effect on eps,but indian analyist does not give peference or importance or believe to carbon credit story ,but i was confidence about the working of the srf which they utilizing the carbon credit money in expansion and diversification ,with eps of 26/- and high dividend yield i am buying and shall buy as long as i get money from my business,in coming months it will shine like sun in indian equity,just wait for the buyback happening and it will run like bullet train,patience will pay off.
You are right man and it will move on in Dec 2009 or Jan 2010.
In a way i am finding this good if it`s falling by 2 or 3%, we are getting good rates to buy and add to our portfolio..
If you are trader then get out at current level as it may test 165. But if you are holding for 3 months 224 is possible. Whereas if you hold for long 500 is possible.