add

Saturday, October 20, 2007

Indag Rubber Ltd .(buy)

Indag Rubber Ltd. (Indag) is a joint venture between the Sun Group
headed by Mr. Nand Khemka and Bandag Inc., US and is a leading
tyre retreading company in India.


Sun Group headed by Mr. Nand Khemka, has a large brewery
business in Russia. The group had also launched Sun F&C Mutual
Fund in India. The Group is also involved in various other businesses
in India and Russia which include Aviation, IT and Financial Services



share holding



Foreign Holdings 0.51

Govt. / Financial Institutions 0.04

Corporate Bodies(not covered above) 4.6

Directors and their Relatives 80.59

Other including Indian Public 14.26



earning 8 e.p.s for 2007. expecting e.p.s of 15 for fy 08



current market price 50

target price 75

No comments:

Post a Comment

 STOCK IDEA:        Apollo Pipes Ltd 349.00 AROUND 325 ITS A GOOD BUY FOR LONGTERM   ...