India Investment, Stocks, Credit Card and Retail Forum
Investments in Indian Equity and Research => Equity Investments, Fundamental Research and Sectors Review => MidCap Stock Picks => Topic started by: sunil on March 26, 2012, 09:53:01 AM
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Cement prices stayed firm during Q4FY12; however prices in northern region are still lower than other regions. Cost pressures continue to remain
high. Power plants have now commissioned but company has not tied up for long term PPAs from these new units.
One must also factor in better than expected cement volumes and prices in northern region, decline in pet coke prices and also attach valuations of power project.
FY 13 EPS is expected to be Rs 110. Reduce or Book Profits over Rs 3000.