Sandur posts fantastic results Sandur Manganese has posted a fantastic result for the year ended 08. The net sales has grown from Rs.122.95 crs to Rs.270.57 crs i.e a jump of over 100%. The net profit has gone up to Rs.57.73 crs vs a loss of Rs.53.87 crs for the last year. The EPS for the year is Rs.65.98/- which means the share is quoting at less than 10 times of the current years earnings and if we discount at 15 the price should be at least Rs.990/-. |
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