Tuesday, April 15, 2014

Review: Gruh Finance Ltd.


We wrote on June 8, 2013- Gruh finance ltd: Stock has being split into Rs.2/- value and priced at Rs.225/- as on 7.6.2013. The next target is Rs. 250- 270 by 30.3.2014. Expected EPS for F/Y 2014 is Rs. Rs.10/- to Rs. 11/-. Add more and Hold on to it for next few years. Bluest of Blue Chips.

The stock has touched an all time high of Rs. 375.50 today, on 15.4.2014 giving a return of over 70% in just seven months. It has also announed an EPS of Rs. 9.86 and also bonus shares in 1:1 ratio.

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