12 December 2009
i bought gsfc @ RS.180 1000 shares....... this stock @ 180 is 7-8 PE at present earning.and i watch its b/s also i found not very debt in this co. can any byddy tell me next one year tgt of this stocks ................according to me in todays market only this stocks can give multi return ......... if anybuddy can tell me better stock from this plzzzzzzzzz tell....then i swich my money into that stock.......
12 December 2009
From a one year low of 65; the stock has moved because margins have increased three folds in comparison to previous quarter end June,09.
The stock is good which is available at below book value, dividend paying, and low PE Ratio.
In long term; such types of stock give multifold returns.
If you have invested only in this stock; then it is advisable to invest into 5-6 more scrips by selling GSFC to the tune of 600-700 shares.
You have not wrote when you bought these shares. If recently you have purchased; then you should wait.
In 2007-08; this stock touched Rs.370.
There are several factors which should be consideered while investing in the stocks. Each individual's needs are different. The need of old man is to keep in safe mode i.e.returns without risk (bonds etc.) whereas young man should invest in growth scheme i.e. equities etc.
CAclubindia
