Saturday, November 8, 2008

Mid cap stock worth investing: TITAN INDUSTRIES LIMITED.

Currently priced at Rs.919/- as on 6.11.08. This is another stock which is likely to give compounded returns of over 26% p.a. over a period of 5-10 years. It is a Tata Co. manufacturing watches, gold jewellery,Eye wear products and precision components for avionics and automotive industry. It can be bought at around Rs.800/- to 900/-.
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Likely price range for 2008-09 is between Rs.800/--1150/-. For the year 2011-12 it is likely to vary between Rs.1600/- to 2000/- and for 2014-15 it is likely to be priced between Rs. 2900/- to 3600/-.
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