Hi,
I just had a look on SCI last 3 Qtr numbers. Its seems company has turned around & its Achhe Din has arrived .Company has started making good profits now Debt has also reduced with bumper increase in PAT since last 2-3 Qtrs. This company has a record of very good Dividend payout in the year FY2006 to FY 2011, when it was making profits. So dividend of 3-4 Rs cannot be ruled out in FY16, which will make it a 5-6% Div yeild stock at CMP. Considering the low Oil Prices & possibility of Dividend this year,I think this company can give very good returns in next 2-3 Qtrs. PFA the Qtry Data for everybody’s refrence. Technicals also looking very strong. Other’s valuable views are welcome.Thanks.
Disclosure-: Invested
SCI DATA.pdf (36.1 KB)
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