Gujarat NRE Coke Ltd

M

mohanlate

Member
#3
#3
Then how come none of the research house is recommending it? I have not seen any research report on the same.

I guess the stock is going up on the expectations of good performance from the co they acquired recently.

Is there any concrete research on this company?
 
U

ugb

Member
#4
#4
It is a good bet at the current price of Rs.60 with expected target of Rs.85+ in short time.

The share price is going up because of uptrend in company's product prices i.e price of metcoke.

As in any share purchase there is risk of loss but considering the risk/reward ratio it can be considered as bet worth taking.

If one waits for research report etc the price may cross Rs.100 by which time the research report will become obsolote.
 
U

ugb

Member
#5
#5
As per BSE bulletin company has declared 80% payout. What does this mean.Does this mean that company would be giving interim dividends?

Members requested to enligthen.
 
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