Thank you so much for your views. Its correct hence I mentioned that the Net profit for this year would be in the range of 700 – 1000 cr discounting the commodity price correction effect. Also even at this net profit levels, the overall net profit would be atleast double of historical levels and hence i feel it is a value buy. On the stock price front, its difficult to predict any levels as it is driven by market conditions. Overall, the point is any positive trigger which could be management deciding to do debt reduction etc could result in a significant rally only in few quarters.
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