cmp-102 POCL the leading Secondary Lead Smelter in India. At POCL they produce the highest quality lead and lead alloys and PVC additives which are supplied to their customers who are mainly battery manufacturers, chemical manufacturers and PVC extruded and moulded products. About Fifty percent (50%) of our production is exported to their numerous international customers mainly but not limited to the Asian region like South Korea, Japan, Indonesia and to Middle – East. Over the years POCL has built a unmatched brand image within the lead sector for its quality, high level of efficiency, reliability, technical support and service. POCL continuously makes significant investments year on year and this will continue as they make every effort to comply with current and future technical advancements and environmental standards. Financials--Eps(expected annualised) 20---P/E 5----BV 71
The scrip fell from from 102 to 86 and regained strength to touch 103 yesterday and closed at 102-up by 17%
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Veterans like Mr Rama Murty Shashtri can decide -if PONDY OXIDE is a good selection or okey, at the presnt rate, for investment for long term. l ,being a focused investor,am very choosy .
Has the company reduced its paid up capital? If yes what was the reason? Also dont you think its leverage is high?
Dear Sachin ji, plz look in to the areas of your concern and put it here.As per me it was a buy @102 on 21.08.2015 and still has chances of appreciation.Plz make your own judgement
Dear stockjeet18, As per me the stock is fundamentally good... Technically , a close above 135 may propel it further to 190 levels
SIR Is Pondy Oxides now fully priced? Any other stocks in radar? I am feeling bad about losing 52% gains
Ok then i will make you feel more worse....kellton tech which i had highlighted in here has gained 85% in the last fortnight