ANY BODY WATCHING DENISION HYDRAULIC !!! (multi buger) !!!

#1
DENISION HYDRAULIC (BSE CODE:505232)

Fundamentally very strong Heavy Engineering company dealing with Hydraulic and Phenematic products .
TTM EPS of about 50 , now the script is in firing trend.
I bought at 420 level once it touched its Altime HIGH.
29 th is the board meeting for Q2 Results.

Script is rising with hitting UC in resent days.

If any body kowing details for this mindblocking upward trend they can put here.

My target is 2000 !!! (applying 40BE for this stock!!!)

ANY ADDITION INFOMATION IS WELCOME WITH GREAT THANKS.....
 
#7
hai
himanshu12

Denision is not a Auto ancillary as specified in BSE site. It is the Hydraulic and Pnematic control equipment manufacturing company. Product is need for all power, engineering, mining, etc.

This company came out with result as (EPS)
2004-05 --- 18.75
2005-06 --- 24.39
2006-07 --- 31.5
2007-08 --- 15.26 (for Q1 alone)

Company is giving desent divident also. Stock is unfavour in market for past two three years. Now in raising trend supporting to the raising in earning capacity.
I do belive that a Engineering company with this tremendous potencial is funddamentally strong.
Is it not fundamentally strong ? and you are telling circular trading.
Please explain. Please see the price in two week.
 
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