I own a good position and intend owning for the next several years if they can sustain their growth momentum.
2015-16 will be a great year for the company with eps crossing Rs.45 (as compared to Rs.20 for FY15). and that too without too much debt.
They have recently started selling in the Indian markets and hope to cross 125 Cr (around 20% of total sales) in the next year or two. Internationally their marketing is taking them to newer geographies.
The price is stuck at 313 for the last 2 weeks on BSE due to circuit filters. The company has taken steps and they feel that clse should move out of t-to-t by december end. They also plan on having listed on NSE before the next fiscal year starts. My guess is that we should see 500 (adjusted for split that will be announced tomorrow) by mar 2016.
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