everest kanto cylinder

#1
Everybody is talking about this and recommending this scrip. The P/E is 77.61(money control) as against the low P/E of industry is only 17.31. the PB is also hgiht 3.12. Net profit for Mar 2010 came down from 2009. the Q1 net profit is a loss. No wonder I am confused. Why this sudden attraction for this stock. As a beginner I am confused.
 
#2
U could see most of the packaging firms shot that moon this year, so probably EKC may get into that line.

Scrip Year Low Year High
------------------------------------
Jindal Poly 285 1390
Parekh Al 87 550
UFlex 82 320
Polyplex 164 984

There is something fishy going on for sure!
I would wait till i see second quarter's results of EKC, if i need to invest in that company!!!

Cheers


Everybody is talking about this and recommending this scrip. The P/E is 77.61(money control) as against the low P/E of industry is only 17.31. the PB is also hgiht 3.12. Net profit for Mar 2010 came down from 2009. the Q1 net profit is a loss. No wonder I am confused. Why this sudden attraction for this stock. As a beginner I am confused.
 
#3
Actually this may be out of this thread. But as mentioned above, year high and low, there are multifolded values seen between low and high. If any body found out that and uses it then they are lucky.

With serious and Kindness and if possible, please suggest any such fortunate companies to invest at present and wait for long term.

with regards.:)
 
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