Tuesday, October 6, 2009
MUNDRA PORT SEZ
Long term investor can consider this stock with horizon of 2-3 years which will see EPS of company zooming upto 50/- and turnover will zoom to say 4000-5000 crores. further its pertinent to mention that the company has sustained global recession with its consistent performance for Q1 its turnover is 298 crores and Profit of 171 croes showing EPS of 4.26 and for FY 2009-10 it will have consolidated EPS of 21/- so investor accumulate at current levels with assured return. the only risk involved is the SEZ poliy of GOI and New Tax code other wise the locational advantage is huge.
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Mr.Dilip
ReplyDeleteI have bought Mundra port 100 shares at an Avg price of 1050 Rs .... How long will i have to hold for the price or should i Avg out at current price
Mr. Sunil
ReplyDeleteyou should accumulate at current level as well as on evey dip. this stock will defenitely give good profit if you can hold for more than 1 year beacuse the EPS is nearly doubling every year. it has seen low of 250/- and high of 1500/- so ITS SURE BUY / ACCUMULATE
Hi Dilip,
ReplyDeleteI have MP at an average price of Rs. 550.
U said that it may go up to 600 in short term.
How much is this short term?
For the last 4-5 months its moving between 520 and 570. There have been numerous analysts quoting their short term targets but this share has become range bound.
Hi Praveen
ReplyDeleteMudra Port is good stock without any doubt and wait for results to come out for H1/Q2 it will be surely good. comming to you holding period you should atleast hold for say 6 months to reep the actual benifit.
after announcement of results it can touch 600/- if no adverse news from GOI on SEZ policy or other bad news.
so dear friend hold on to it will is GOLD MINE.
q2 results flat, do u still hold your views with target of 600 and 2000 rupees?
ReplyDeleteyes i am still bullish on Mundra Port it will cross 600/- in short term but its long term story is intact only risk is new tax code and its implication on SEZ policy
ReplyDeletewhy you have removed target of 600 and 2000 from your post? something fishy?
ReplyDeleteyes i still my target of 600/- for short term & long term 2000/- check performance of company. but it can miss if new tax code think to bring it at tax net
ReplyDelete