Madhav Marbles updated
Are you looking for a safe long term investment?
Here is one scrip, which is sure to reward you if you are not a speculator.
Madhav Marbles paid 20% dividend during 2002-03 and its net profit jumped by 54% to 11.49Cr. during 2003-04 (unaudited). Its EPS is 11.5. This scrip is currently (July 2004) available at 26/-. Obviously, it does not seem to have been noticed by the market. Make best use of this opportunity.
For 2003-04, it again paid 20% dividend. The EPS for the I quarter of 2004-05 is 3.2. It is on course for improved performance. The current (sept 2004) MP of Rs. 27/- is still attractive.
Are you looking for a safe long term investment?
Here is one scrip, which is sure to reward you if you are not a speculator.
Madhav Marbles paid 20% dividend during 2002-03 and its net profit jumped by 54% to 11.49Cr. during 2003-04 (unaudited). Its EPS is 11.5. This scrip is currently (July 2004) available at 26/-. Obviously, it does not seem to have been noticed by the market. Make best use of this opportunity.
For 2003-04, it again paid 20% dividend. The EPS for the I quarter of 2004-05 is 3.2. It is on course for improved performance. The current (sept 2004) MP of Rs. 27/- is still attractive.
Last edited: