Amol Chavan – I agree with you completely. But i see not much growth in deccan which i see in other cement companies. Deccan is more or less steadily growing Q on Q. No doubt it has increased its EPS and operating margins to a certain level. Panyam in comparison to deccan has almost doubled its EPS in June compared to march quarter. As more and more positive news comes about Panyam – release of pledged shares and doubled EPS sustained for sept quarter also, repayment of debts, etc. stock will command more price.
I am purely betting from a medium term perspective. I am not interested in keeping deccan or panyam for long term in my portfolio.
Subscribe To Our Free Newsletter |