Net profit of Southern Ispat & Energy rose 878.67% to Rs. 7.34 crore in the quarter ended September 2010 as against Rs. 0.75 crore during the previous quarter ended September 2009. Sales rose 251.02% to Rs. 113.24 crore in the quarter ended September 2010 as against Rs. 32.26 crore during the previous quarter ended September 2009.
Promoters increasting their stake to 40% and FII entering in to this script with huge volumes.
CMP: 13/-
Target T1 is 15 Rs/-
Target T2 is 25 Rs/-
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