Do you recommend buying dadex at current price Rs 42?
Buy at current level
asim bhai what about the fact that its already up 77% from recent low and it made 18 rupees loss in 2014 ...
Looks like turnaround story as per directors operations have improved and sales target of 2015 is 40% higher than 2014
But in sept quarter sales were actually lower than last year
Lets c .. IF full year targets are still manageable then 10ish eps is possible
very low free float
It's range was 38-48Rs from last six month n moving in this band
it's raw material PVC cement n steel
bad time was 2009-2014 while oil price 100-140$
2008 n below years performance was excellent
maximum high Rate b4 2008 was 140
good paying history
Last quarter was down due to political strikes n dharna as
Coast of production now onward down drastically due to low pvc prices
that's why it's is in my radar