Titan Industries: The script was recommended @ Rs. 919/- on 6.11.2008 and currently priced at Rs. 4000/- to 4200/-. It has grown 4.5 times in about 2.5 years time. It is now quoting cum 1:1 bonus and stock split for 10:1. i.e., for one share of Rs 4000/- will be converted into 20 shares with suitable price adjustment. It is a fantastic company with a very high visibility of business model and will give compounded ROR of over 30% p.a. for the next 5-10 years. Worth buying at this rate. Bluest of blue chips and a jewel amongst the listed companies.
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It is now quoting at Rs. 205/- ex-split and ex-bonus as on 30.8.2011. the script is likely to give an annual compounded return of 25-30% per annum over a period of next 2-3 years.
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