Jindal Photo Films new highs

#1
Jindal photo declared marvellous results for june Qtrs, posting an EPS of more then 12. An upward move has begun on 1st. aug., which should continue till 175. A very strong share in JINDALS band wagon. Promoters holding is above 70 %. A buy back is expected. Year EPS should be in the region of 40s. It was strong in the bloodbath falling moments of AUGUST.
 

mayavi99

Well-Known Member
#5
Is there any reason for the sudden upward move yesterday in Jindal Photo? Those who bought it @ 135 levels in Aug should now be sitting on a 65% profit.
 
#6
This is the most rugged performer in this volatile market. It posted an EPS of 11.5 + in the 2nd. quater. Means it can end up the year at above 45. I was recommending it from 130 onwards. The first target of 175 on declaration of 1st. Qtr results was achieved. then it corrected to 150 levels. Now after sustained performence it should again gain a target of 45 X 5 peration = 225/- first. Then as a constant performer should scale new hights of 350/-. public holdings are mere 17 %. Good all term buy on averaging method.
 

mayavi99

Well-Known Member
#7
Thanks for the quick reply mcdaga. On Nov.01, I bought @ 186 and was surprised to see it climbing to 213 on the very next day. That is why I asked that question. If possible I shall accumulate this in dips. Thanks again.
 

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